B&M European Value Retail SA (LON:BME) was upgraded by investment analysts at Jefferies Group to a “buy” rating in a research report issued to clients and investors on Wednesday. The firm currently has a GBX 285 ($3.56) target price on the stock, up from their previous target price of GBX 265 ($3.31). Jefferies Group’s price target would suggest a potential upside of 16.33% from the company’s current price.

Several other equities analysts have also issued reports on BME. Deutsche Bank AG reiterated a “buy” rating on shares of B&M European Value Retail SA in a research report on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 440 ($5.50) price objective on shares of B&M European Value Retail SA in a research report on Tuesday. Liberum Capital reiterated a “buy” rating and issued a GBX 300 ($3.75) price objective on shares of B&M European Value Retail SA in a research report on Tuesday, August 9th. Haitong Bank reiterated a “sell” rating and issued a GBX 190 ($2.37) price objective on shares of B&M European Value Retail SA in a research report on Tuesday. Finally, HSBC reiterated a “buy” rating and issued a GBX 370 ($4.62) price objective on shares of B&M European Value Retail SA in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the stock. B&M European Value Retail SA presently has an average rating of “Buy” and an average target price of GBX 317.60 ($3.97).

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

B&M European Value Retail SA (LON:BME) opened at 250.576 on Wednesday. B&M European Value Retail SA has a 52-week low of GBX 218.40 and a 52-week high of GBX 324.10. The company’s market cap is GBX 2.51 billion. The stock has a 50 day moving average of GBX 241.96 and a 200-day moving average of GBX 264.16.

The business also recently disclosed a dividend, which will be paid on Friday, December 23rd. Stockholders of record on Thursday, November 24th will be issued a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, November 24th.

B&M European Value Retail SA 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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