B&M European Value Retail SA (LON:BME) had its target price raised by research analysts at Goldman Sachs Group Inc. from GBX 274 ($3.40) to GBX 280 ($3.47) in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group Inc.’s price objective indicates a potential upside of 12.22% from the stock’s previous close.

Several other analysts have also issued reports on the stock. HSBC restated a “buy” rating and issued a GBX 355 ($4.40) price target on shares of B&M European Value Retail SA in a research report on Wednesday, August 10th. Deutsche Bank AG restated a “buy” rating and issued a GBX 300 ($3.72) price target on shares of B&M European Value Retail SA in a research report on Wednesday, November 16th. Liberum Capital raised their price target on shares of B&M European Value Retail SA from GBX 300 ($3.72) to GBX 330 ($4.09) and gave the stock a “buy” rating in a research report on Thursday, August 18th. Peel Hunt restated a “buy” rating and issued a GBX 440 ($5.46) price target on shares of B&M European Value Retail SA in a research report on Tuesday, August 2nd. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 325 ($4.03) price target on shares of B&M European Value Retail SA in a research report on Monday, November 21st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned 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 316.33 ($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 248.80 on Monday. B&M European Value Retail SA has a 52 week low of GBX 218.40 and a 52 week high of GBX 323.70. The firm has a 50 day moving average of GBX 242.01 and a 200 day moving average of GBX 262.86. The firm’s market cap is GBX 2.49 billion.

The business also recently announced a dividend, which will be paid on Friday, December 23rd. Shareholders of record on Thursday, November 24th will be paid 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.

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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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