B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reiterated by Peel Hunt in a note issued to investors on Monday. They currently have a GBX 440 ($5.46) price objective on the stock. Peel Hunt’s target price indicates a potential upside of 76.35% from the company’s previous close.

BME has been the subject of several other research reports. HSBC reiterated a “buy” rating and set a GBX 370 ($4.59) price target on shares of B&M European Value Retail SA in a research note on Monday, November 14th. Haitong Bank reiterated a “sell” rating and set a GBX 190 ($2.36) price target on shares of B&M European Value Retail SA in a research note on Wednesday, October 26th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 300 ($3.72) price target on shares of B&M European Value Retail SA in a research note on Tuesday, September 6th. Numis Securities Ltd reissued a “buy” rating and set a GBX 350 ($4.34) price objective on shares of B&M European Value Retail SA in a report on Tuesday, November 15th. Finally, Investec reissued a “buy” rating and set a GBX 345 ($4.28) price objective on shares of B&M European Value Retail SA in a report on Tuesday, November 1st. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the company. B&M European Value Retail SA has a consensus rating of “Buy” and a consensus price target of GBX 316.33 ($3.92).

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

B&M European Value Retail SA (LON:BME) opened at 248.80 on Monday. B&M European Value Retail SA has a 1-year low of GBX 218.40 and a 1-year high of GBX 323.70. The firm’s market capitalization is GBX 2.49 billion. The company’s 50-day moving average is GBX 242.01 and its 200 day moving average is GBX 262.86.

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

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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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