B&M European Value Retail S.A. (LON:BME)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a note issued to investors on Wednesday, November 15th, Marketbeat Ratings reports. They currently have a GBX 435 ($5.72) price objective on the stock, down from their previous price objective of GBX 436 ($5.73). Deutsche Bank AG’s price objective would suggest a potential upside of 11.83% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Liberum Capital restated a “buy” rating and set a GBX 380 ($5.00) target price on shares of B&M European Value Retail in a research report on Wednesday, August 2nd. J P Morgan Chase & Co boosted their target price on B&M European Value Retail from GBX 370 ($4.87) to GBX 390 ($5.13) and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Jefferies Group LLC boosted their target price on B&M European Value Retail from GBX 415 ($5.46) to GBX 470 ($6.18) and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Peel Hunt restated a “buy” rating and set a GBX 440 ($5.79) target price on shares of B&M European Value Retail in a research report on Wednesday, August 2nd. Finally, Investec restated a “buy” rating and set a GBX 405 ($5.33) target price on shares of B&M European Value Retail in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. B&M European Value Retail has an average rating of “Buy” and a consensus target price of GBX 403.29 ($5.30).

B&M European Value Retail (BME) traded down GBX 4.70 ($0.06) during trading on Wednesday, reaching GBX 389 ($5.12). The company had a trading volume of 2,869,150 shares, compared to its average volume of 3,590,000. B&M European Value Retail has a twelve month low of GBX 239.20 ($3.15) and a twelve month high of GBX 413.70 ($5.44).

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In other B&M European Value Retail news, Director Gary Gordon Cope sold 400,000 shares of B&M European Value Retail stock in a transaction dated Friday, November 17th. The stock was sold at an average price of GBX 0.65 ($0.01), for a total transaction of £2,600 ($3,419.70).

B&M European Value Retail 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 (LON:BME)

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