B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating restated by investment analysts at HSBC in a report issued on Monday. They currently have a GBX 370 ($4.58) price objective on the stock. HSBC’s target price indicates a potential upside of 56.12% from the stock’s current price.

Other research analysts have also recently issued reports about the company. Liberum Capital lifted their price target on B&M European Value Retail SA from GBX 300 ($3.72) to GBX 330 ($4.09) and gave the company a “buy” rating in a research report on Thursday, August 18th. Investec reissued a “buy” rating and issued a GBX 345 ($4.27) price objective on shares of B&M European Value Retail SA in a report on Tuesday, November 1st. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 240 ($2.97) price objective on shares of B&M European Value Retail SA in a report on Monday, July 18th. Morgan Stanley raised B&M European Value Retail SA to an “overweight” rating and raised their price objective for the company from GBX 270 ($3.34) to GBX 315 ($3.90) in a report on Wednesday, August 10th. Finally, Haitong Bank reissued a “sell” rating and issued a GBX 190 ($2.35) price objective on shares of B&M European Value Retail SA in a report on Wednesday, October 26th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 316.27 ($3.92).

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

Shares of B&M European Value Retail SA (LON:BME) opened at 240.10 on Monday. B&M European Value Retail SA has a 12-month low of GBX 218.40 and a 12-month high of GBX 333.50. The stock’s market cap is GBX 2.40 billion. The company’s 50-day moving average price is GBX 243.04 and its 200 day moving average price is GBX 265.07.

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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