B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reissued by HSBC Holdings plc in a research note issued on Wednesday, May 17th. They presently have a GBX 400 ($5.06) target price on the stock. HSBC Holdings plc’s price target suggests a potential upside of 17.65% from the company’s current price.

Several other equities research analysts have also recently commented on the company. Liberum Capital boosted their target price on B&M European Value Retail SA from GBX 330 ($4.17) to GBX 380 ($4.81) and gave the company a “buy” rating in a research note on Wednesday, April 19th. Credit Suisse Group restated an “outperform” rating and issued a GBX 400 ($5.06) target price on shares of B&M European Value Retail SA in a research note on Wednesday, May 3rd. Citigroup Inc. restated a “buy” rating and issued a GBX 390 ($4.93) target price on shares of B&M European Value Retail SA in a research note on Wednesday, May 10th. Deutsche Bank AG boosted their target price on B&M European Value Retail SA from GBX 330 ($4.17) to GBX 360 ($4.55) and gave the company a “buy” rating in a research note on Thursday, April 27th. Finally, Canaccord Genuity upped their price objective on B&M European Value Retail SA from GBX 295 ($3.73) to GBX 350 ($4.43) and gave the stock a “buy” rating in a research note on Wednesday, January 18th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 360 ($4.55).

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

B&M European Value Retail SA (LON BME) traded up 0.35% during mid-day trading on Wednesday, hitting GBX 340.00. 12,028,437 shares of the stock were exchanged. B&M European Value Retail SA has a 12-month low of GBX 218.40 and a 12-month high of GBX 372.20. The firm has a 50-day moving average price of GBX 353.72 and a 200-day moving average price of GBX 309.69. The stock’s market capitalization is GBX 3.40 billion.

The firm also recently disclosed a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, June 22nd will be given a dividend of GBX 3.90 ($0.05) per share. This is an increase from B&M European Value Retail SA’s previous dividend of $1.90. This represents a dividend yield of 1.08%. The ex-dividend date is Thursday, June 22nd.

TRADEMARK VIOLATION WARNING: “HSBC Holdings plc Reaffirms Buy Rating for B&M European Value Retail SA (BME)” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://www.thecerbatgem.com/2017/06/16/bm-european-value-retail-sa-bme-receives-buy-rating-from-hsbc-holdings-plc-updated-updated-updated.html.

In related news, insider Simon Arora sold 60,000,000 shares of the company’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of GBX 363 ($4.59), for a total transaction of £217,800,000 ($275,521,821.63).

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.

Receive News & Stock Ratings for B&M European Value Retail SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail SA and related stocks with our FREE daily email newsletter.