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).
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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.
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