B&M European Value Retail (BME) Price Target Increased to GBX 450 by Analysts at Deutsche Bank

B&M European Value Retail (LON:BME) had its price objective raised by Deutsche Bank from GBX 435 ($5.90) to GBX 450 ($6.10) in a research note released on Tuesday, January 2nd. They currently have a buy rating on the stock.

Several other equities analysts also recently commented on the stock. Peel Hunt reissued a buy rating and issued a GBX 485 ($6.58) target price on shares of B&M European Value Retail in a report on Wednesday, December 20th. Liberum Capital boosted their target price on shares of B&M European Value Retail from GBX 380 ($5.15) to GBX 475 ($6.44) and gave the stock a buy rating in a report on Wednesday, December 20th. Jefferies Group reissued a buy rating and issued a GBX 470 ($6.37) target price on shares of B&M European Value Retail in a report on Wednesday, November 15th. Investec boosted their target price on shares of B&M European Value Retail from GBX 420 ($5.70) to GBX 435 ($5.90) and gave the stock a buy rating in a report on Friday, November 3rd. Finally, reissued a buy rating and issued a GBX 435 ($5.90) target price on shares of B&M European Value Retail in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 409.71 ($5.56).

B&M European Value Retail (BME) opened at GBX 406.40 ($5.51) on Tuesday. B&M European Value Retail has a 1-year low of GBX 292.40 ($3.97) and a 1-year high of GBX 424.20 ($5.75). The company has a market cap of $3,970.00 and a price-to-earnings ratio of 2,709.33.

In other news, Director Gary Gordon Cope sold 400,000 shares of the company’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 ($3,525.90).

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About B&M European Value Retail

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)

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