A number of other equities research analysts have also recently weighed in on BME. Goldman Sachs Group reissued a buy rating and issued a GBX 400 ($5.42) price target on shares of B&M European Value Retail in a research report on Friday, September 22nd. Deutsche Bank reissued a buy rating and issued a GBX 425 ($5.76) price target on shares of B&M European Value Retail in a research report on Thursday, October 5th. Peel Hunt reissued a buy rating and issued a GBX 440 ($5.97) price target on shares of B&M European Value Retail in a research report on Thursday, November 2nd. Jefferies Group boosted their price target on shares of B&M European Value Retail from GBX 415 ($5.63) to GBX 470 ($6.37) and gave the company a buy rating in a research report on Thursday, November 2nd. Finally, Numis Securities reaffirmed an add rating and issued a GBX 450 ($6.10) target price on shares of B&M European Value Retail in a report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 409.71 ($5.56).
Shares of B&M European Value Retail (LON BME) opened at GBX 417 ($5.66) on Wednesday. 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 firm has a market cap of $4,170.00 and a price-to-earnings ratio of 2,780.00.
In other news, Director Gary Gordon Cope sold 400,000 shares of the business’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 transaction 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.
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