Investec reaffirmed their buy rating on shares of B&M European Value Retail SA (LON:BME) in a report issued on Wednesday morning. The firm currently has a GBX 405 ($5.29) price target on the stock.

A number of other research analysts also recently issued reports on BME. Numis Securities Ltd reissued an add rating and issued a GBX 400 ($5.22) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th. Peel Hunt reissued a buy rating and issued a GBX 440 ($5.75) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th. Deutsche Bank AG reissued a buy rating and issued a GBX 400 ($5.22) price objective on shares of B&M European Value Retail SA in a research note on Monday, July 10th. Canaccord Genuity reissued a buy rating and issued a GBX 405 ($5.29) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th. Finally, Liberum Capital reissued a buy rating and issued a GBX 380 ($4.96) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 368.82 ($4.82).

Shares of B&M European Value Retail SA (LON:BME) opened at 344.80 on Wednesday. The company’s market capitalization is GBX 3.45 billion. The firm has a 50 day moving average price of GBX 353.80 and a 200 day moving average price of GBX 316.26. B&M European Value Retail SA has a one year low of GBX 218.40 and a one year high of GBX 372.20.

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

In other B&M European Value Retail SA news, insider Simon Arora sold 60,000,000 shares of the business’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of GBX 363 ($4.74), for a total transaction 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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