B&M European Value Retail SA (BME) Receives “Outperform” Rating from Credit Suisse Group AG

Credit Suisse Group AG reiterated their outperform rating on shares of B&M European Value Retail SA (LON:BME) in a research note released on Monday. They currently have a GBX 350 ($4.27) price objective on the stock.

BME has been the subject of a number of other research reports. Numis Securities Ltd reissued a buy rating and set a GBX 350 ($4.27) price objective on shares of B&M European Value Retail SA in a research note on Tuesday, July 5th. Jefferies Group lowered B&M European Value Retail SA to a hold rating and dropped their price objective for the company from GBX 330 ($4.02) to GBX 265 ($3.23) in a research note on Tuesday, July 5th. Goldman Sachs Group Inc. reissued a buy rating and set a GBX 300 ($3.66) price objective on shares of B&M European Value Retail SA in a research note on Tuesday, September 6th. Royal Bank Of Canada reissued an underperform rating on shares of B&M European Value Retail SA in a research note on Monday, August 1st. Finally, Peel Hunt reissued a buy rating and set a GBX 440 ($5.36) price objective on shares of B&M European Value Retail SA in a research note on Tuesday, August 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. B&M European Value Retail SA has a consensus rating of Buy and an average target price of GBX 321.33 ($3.92).

Shares of B&M European Value Retail SA (LON:BME) opened at 243.00 on Monday. The firm’s 50-day moving average is GBX 259.35 and its 200-day moving average is GBX 269.42. B&M European Value Retail SA has a 52 week low of GBX 230.10 and a 52 week high of GBX 341.30. The company’s market cap is GBX 2.43 billion.

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.

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