B&M European Value Retail SA (LON:BME)‘s stock had its “add” rating reissued by equities research analysts at Numis Securities Ltd in a note issued to investors on Wednesday, May 10th. They currently have a GBX 375 ($4.84) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 4.57% from the stock’s current price.
A number of other analysts also recently issued reports on BME. HSBC Holdings plc raised their price objective on shares of B&M European Value Retail SA from GBX 350 ($4.52) to GBX 400 ($5.16) and gave the stock a “buy” rating in a report on Tuesday, May 9th. Deutsche Bank AG restated a “buy” rating on shares of B&M European Value Retail SA in a report on Tuesday, January 10th. Citigroup Inc reiterated a “buy” rating and issued a GBX 390 ($5.03) target price on shares of B&M European Value Retail SA in a research note on Wednesday, May 10th. Haitong Bank restated a “sell” rating and issued a GBX 200 ($2.58) price objective on shares of B&M European Value Retail SA in a research report on Monday, January 30th. Finally, Barclays PLC initiated coverage on shares of B&M European Value Retail SA in a research report on Thursday, March 30th. They issued an “equal weight” rating and a GBX 325 ($4.20) price objective for the company. Two analysts have rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 343 ($4.43).
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.
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