Brokerages Set B&M European Value Retail SA (BME) PT at $402.19

B&M European Value Retail SA (LON:BME) has been assigned a consensus rating of “Buy” from the seventeen ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 408.13 ($5.49).

A number of research analysts have issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 485 ($6.53) price objective on shares of B&M European Value Retail in a report on Wednesday. Liberum Capital lifted their price objective on B&M European Value Retail from GBX 380 ($5.11) to GBX 475 ($6.39) and gave the company a “buy” rating in a report on Wednesday. Jefferies Group reissued a “buy” rating and set a GBX 470 ($6.33) price objective on shares of B&M European Value Retail in a report on Wednesday, November 15th. Investec lifted their price objective on B&M European Value Retail from GBX 420 ($5.65) to GBX 435 ($5.85) and gave the company a “buy” rating in a report on Friday, November 3rd. Finally, reissued a “buy” rating and set a GBX 435 ($5.85) price objective on shares of B&M European Value Retail in a report on Tuesday, November 14th.

In other news, Director Gary Gordon Cope sold 400,000 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of GBX 0.65 ($0.01), for a total transaction of £2,600 ($3,499.33).

Shares of B&M European Value Retail (LON BME) traded down GBX 0.70 ($0.01) during mid-day trading on Monday, reaching GBX 414.30 ($5.58). The company had a trading volume of 582,943 shares, compared to its average volume of 3,580,000. The company has a market capitalization of $4,140.00 and a PE ratio of 2,762.00. B&M European Value Retail has a 52-week low of GBX 268.30 ($3.61) and a 52-week high of GBX 415 ($5.59).

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B&M European Value Retail Company Profile

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.

Analyst Recommendations for B&M European Value Retail (LON:BME)

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