B&M European Value Retail (BME) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of B&M European Value Retail (LON:BME) in a report released on Thursday morning. Peel Hunt currently has a GBX 485 ($6.48) target price on the stock.

BME has been the topic of a number of other reports. reaffirmed a buy rating on shares of B&M European Value Retail in a research note on Wednesday, September 6th. Deutsche Bank increased their target price on shares of B&M European Value Retail from GBX 425 ($5.68) to GBX 435 ($5.82) and gave the stock a buy rating in a report on Thursday, October 12th. reiterated a buy rating and issued a GBX 435 ($5.82) target price on shares of B&M European Value Retail in a report on Tuesday, November 14th. Numis Securities reiterated an add rating and issued a GBX 450 ($6.02) target price on shares of B&M European Value Retail in a report on Tuesday, November 14th. Finally, Goldman Sachs Group reiterated a buy rating and issued a GBX 400 ($5.35) target price on shares of B&M European Value Retail in a report on Friday, September 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 409.71 ($5.48).

Shares of B&M European Value Retail (LON:BME) remained flat at $GBX 413 ($5.52) during mid-day trading on Thursday. 2,289,873 shares of the company were exchanged, compared to its average volume of 2,580,000. B&M European Value Retail has a 1-year low of GBX 292.40 ($3.91) and a 1-year high of GBX 424.20 ($5.67). The stock has a market capitalization of $4,120.00 and a P/E ratio of 2,753.33.

In related news, Director Gary Gordon Cope sold 400,000 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of GBX 0.65 ($0.01), for a total transaction of £2,600 ($3,476.40).

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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.

Analyst Recommendations for B&M European Value Retail (LON:BME)

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