B&M European Value Retail SA (BME) PT Raised to GBX 435

B&M European Value Retail SA (LON:BME) had its target price hoisted by analysts at Investec from GBX 420 ($5.54) to GBX 435 ($5.74) in a report issued on Friday. The firm presently has a “buy” rating on the stock. Investec’s price objective points to a potential upside of 5.48% from the company’s current price.

Other equities research analysts have also issued reports about the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 400 ($5.28) price objective on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 405 ($5.34) price objective on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Peel Hunt reiterated a “buy” rating and issued a GBX 440 ($5.81) price objective on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Liberum Capital reiterated a “buy” rating and issued a GBX 380 ($5.01) price objective on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 400 ($5.28) price objective on shares of B&M European Value Retail SA in a research report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 391.67 ($5.17).

Shares of B&M European Value Retail SA (LON:BME) traded up GBX 5.20 ($0.07) during mid-day trading on Friday, hitting GBX 412.40 ($5.44). The stock had a trading volume of 2,189,548 shares, compared to its average volume of 2,680,000. B&M European Value Retail SA has a 12-month low of GBX 218.40 ($2.88) and a 12-month high of GBX 413.70 ($5.46).

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About B&M European Value Retail SA

B&M European Value Retail SA is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.

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