B&M European Value Retail SA (LON:BME) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 396.50 ($5.26) and last traded at GBX 396.20 ($5.26), with a volume of 1,612,259 shares. The stock had previously closed at GBX 392.60 ($5.21).

A number of analysts recently commented on BME shares. Peel Hunt reissued a “buy” rating and set a GBX 440 ($5.84) price objective on shares of B&M European Value Retail SA in a report on Wednesday, July 5th. Deutsche Bank AG reissued a “buy” rating and set a GBX 400 ($5.31) price objective on shares of B&M European Value Retail SA in a report on Wednesday, June 7th. HSBC Holdings plc reissued a “buy” rating and set a GBX 420 ($5.57) price objective on shares of B&M European Value Retail SA in a report on Wednesday, July 19th. Liberum Capital reissued a “buy” rating and set a GBX 380 ($5.04) price objective on shares of B&M European Value Retail SA in a report on Wednesday, August 2nd. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 405 ($5.37) price objective on shares of B&M European Value Retail SA in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 385.33 ($5.11).

The firm’s market cap is GBX 3.96 billion. The stock’s 50 day moving average is GBX 374.37 and its 200 day moving average is GBX 351.26.

ILLEGAL ACTIVITY WARNING: “B&M European Value Retail SA (BME) Reaches New 52-Week High at $396.50” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://www.watchlistnews.com/bm-european-value-retail-sa-bme-reaches-new-52-week-high-at-396-50/1610591.html.

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.

Receive News & Ratings for B&M European Value Retail SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail SA and related companies with Analyst Ratings Network's FREE daily email newsletter.