Numis Securities Ltd Reiterates Add Rating for B&M European Value Retail SA (LON:BME)

B&M European Value Retail SA (LON:BME)‘s stock had its “add” rating reissued by analysts at Numis Securities Ltd in a note issued to investors on Wednesday, July 12th, Marketbeat Ratings reports. They presently have a GBX 400 ($5.21) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 6.41% from the stock’s current price.

Several other brokerages have also recently weighed in on BME. Barclays PLC reissued an “equal weight” rating and issued a GBX 350 ($4.56) price objective on shares of B&M European Value Retail SA in a research note on Friday, May 26th. Jefferies Group LLC boosted their price objective on shares of B&M European Value Retail SA from GBX 335 ($4.36) to GBX 400 ($5.21) and gave the stock a “buy” rating in a research note on Monday, May 22nd. HSBC Holdings plc reissued a “buy” rating and issued a GBX 420 ($5.47) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, June 7th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 400 ($5.21) price objective on shares of B&M European Value Retail SA in a research note on Monday, July 10th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 380 ($4.95) price objective on shares of B&M European Value Retail SA in a research note on Tuesday, June 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. B&M European Value Retail SA presently has an average rating of “Buy” and a consensus price target of GBX 378.13 ($4.92).

B&M European Value Retail SA (BME) remained flat at GBX 375.90 on Wednesday. The company’s stock had a trading volume of 1,335,085 shares. The company’s market capitalization is GBX 3.76 billion. The company’s 50 day moving average is GBX 348.99 and its 200 day moving average is GBX 329.96. B&M European Value Retail SA has a 52-week low of GBX 218.40 and a 52-week high of GBX 377.70.

TRADEMARK VIOLATION NOTICE: “Numis Securities Ltd Reiterates Add Rating for B&M European Value Retail SA (LON:BME)” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://baseballnewssource.com/markets/bm-european-value-retail-sa-lonbme-rating-reiterated-by-numis-securities-ltd-updated-updated-updated/1195264.html.

In other news, insider Simon Arora sold 60,000,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of GBX 363 ($4.73), for a total transaction of £217,800,000 ($283,630,681.08).

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)

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 our FREE daily email newsletter.

 


Latest News

Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer
Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer
Despite Hitting Home Run, Judge Sets Longest Game Streak for Strikeouts
Despite Hitting Home Run, Judge Sets Longest Game Streak for Strikeouts
Los Angeles Dodgers Move 50 Games Over .500
Los Angeles Dodgers Move 50 Games Over .500
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras


Leave a Reply

 
© 2006-2017 BBNS.