B&M European Value Retail SA (LON:BME) has been assigned a consensus rating of “Buy” from the fifteen analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 389.64 ($5.14).

Several analysts have recently issued reports on BME shares. Numis Securities Ltd restated an “add” rating and set a GBX 400 ($5.28) target price on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Investec restated a “buy” rating and set a GBX 405 ($5.34) target price on shares of B&M European Value Retail SA in a research report on Wednesday, July 12th. Deutsche Bank AG upped their target price on shares of B&M European Value Retail SA from GBX 400 ($5.28) to GBX 425 ($5.61) and gave the company a “buy” rating in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a GBX 400 ($5.28) target price on shares of B&M European Value Retail SA in a research report on Tuesday, July 25th. Finally, J P Morgan Chase & Co started coverage on shares of B&M European Value Retail SA in a research report on Thursday, July 13th. They set a “neutral” rating and a GBX 370 ($4.88) target price on the stock.

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Shares of B&M European Value Retail SA (LON BME) traded up GBX 7.30 ($0.10) during mid-day trading on Friday, reaching GBX 412.40 ($5.44). 2,189,548 shares of the company’s stock traded hands.

About B&M European Value Retail SA

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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