B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reaffirmed by Goldman Sachs Group, Inc. (The) in a research note issued to investors on Friday. They currently have a GBX 400 ($5.39) target price on the stock. Goldman Sachs Group, Inc. (The)’s price objective indicates a potential upside of 6.58% from the company’s current price.

Several other equities research analysts have also weighed in on BME. J P Morgan Chase & Co increased their target price on B&M European Value Retail SA from GBX 370 ($4.99) to GBX 390 ($5.26) and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 400 ($5.39) target price on shares of B&M European Value Retail SA in a research report on Thursday, August 3rd. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 350 ($4.72) target price on shares of B&M European Value Retail SA in a research report on Friday, May 26th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 440 ($5.93) target price on shares of B&M European Value Retail SA in a research report on Wednesday, August 2nd. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 420 ($5.66) target price on shares of B&M European Value Retail SA in a research report on Wednesday, June 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 384 ($5.18).

B&M European Value Retail SA (BME) opened at 377.30 on Friday. B&M European Value Retail SA has a 52-week low of GBX 218.40 and a 52-week high of GBX 381.00. The stock’s market capitalization is GBX 3.77 billion. The company has a 50-day moving average of GBX 370.15 and a 200-day moving average of GBX 344.80.

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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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