Goldman Sachs Group, Inc. (The) upgraded shares of B&M European Value Retail SA (LON:BME) to a buy rating in a research report sent to investors on Friday morning. The firm currently has GBX 400 ($5.22) price target on the stock, up from their prior price target of GBX 380 ($4.96).

Several other research analysts also recently commented on the company. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 350 ($4.57) price target on shares of B&M European Value Retail SA in a research report on Wednesday, March 22nd. Liberum Capital lifted their price target on B&M European Value Retail SA from GBX 330 ($4.31) to GBX 380 ($4.96) and gave the stock a buy rating in a research report on Wednesday, April 19th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 400 ($5.22) price target on shares of B&M European Value Retail SA in a research report on Wednesday, May 3rd. Citigroup Inc. reaffirmed a buy rating and issued a GBX 390 ($5.09) price target on shares of B&M European Value Retail SA in a research report on Wednesday, May 10th. Finally, Deutsche Bank AG reaffirmed a buy rating and issued a GBX 400 ($5.22) price target on shares of B&M European Value Retail SA in a research report on Wednesday, June 7th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 368.82 ($4.82).

B&M European Value Retail SA (BME) traded down 0.32% during trading on Friday, hitting GBX 343.60. The stock had a trading volume of 2,347,093 shares. The company’s 50-day moving average is GBX 353.80 and its 200 day moving average is GBX 316.26. B&M European Value Retail SA has a 52 week low of GBX 218.40 and a 52 week high of GBX 372.20. The firm’s market cap is GBX 3.44 billion.

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

In related news, insider Simon Arora sold 60,000,000 shares of the business’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of GBX 363 ($4.74), for a total value of £217,800,000 ($284,408,461.74).

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.

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

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