B&M European Value Retail (BME) PT Raised to GBX 475

B&M European Value Retail (LON:BME) had its target price increased by investment analysts at Liberum Capital from GBX 380 ($5.11) to GBX 475 ($6.39) in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price objective points to a potential upside of 15.77% from the company’s previous close.

Several other research analysts have also recently weighed in on BME. reiterated a “buy” rating on shares of B&M European Value Retail in a research note on Wednesday, September 6th. Investec lifted their price target on shares of B&M European Value Retail from GBX 420 ($5.65) to GBX 435 ($5.85) and gave the stock a “buy” rating in a research note on Friday, November 3rd. Peel Hunt reiterated a “buy” rating and set a GBX 485 ($6.53) price target on shares of B&M European Value Retail in a research note on Tuesday, December 5th. Goldman Sachs Group lifted their price target on shares of B&M European Value Retail from GBX 400 ($5.38) to GBX 420 ($5.65) and gave the stock a “buy” rating in a research note on Thursday, September 28th. Finally, reiterated a “buy” rating and set a GBX 435 ($5.85) price target on shares of B&M European Value Retail in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company. B&M European Value Retail has an average rating of “Buy” and an average price target of GBX 408.82 ($5.50).

Shares of B&M European Value Retail (LON:BME) opened at GBX 410.30 ($5.52) on Wednesday. B&M European Value Retail has a fifty-two week low of GBX 261.90 ($3.52) and a fifty-two week high of GBX 413.70 ($5.57).

In other news, Director Gary Gordon Cope sold 400,000 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of GBX 0.65 ($0.01), for a total value of £2,600 ($3,499.33).

WARNING: “B&M European Value Retail (BME) PT Raised to GBX 475” was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://sportsperspectives.com/2017/12/20/bm-european-value-retail-bme-pt-raised-to-gbx-475.html.

B&M European Value Retail 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.

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

Receive News & Ratings for B&M European Value Retail 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 and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply