Share on StockTwits

Analysts at Numis Securities Ltd started coverage on shares of B&M European Value Retail SA (LON:BME) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating and a GBX 280 ($4.78) price target on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 0.57% from the company’s current price.

BME has been the subject of a number of other recent research reports. Analysts at Jefferies Group initiated coverage on shares of B&M European Value Retail SA in a research note on Wednesday. They set a “buy” rating and a GBX 350 ($5.98) price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of B&M European Value Retail SA in a research note on Wednesday. They set an “outperform” rating and a GBX 330 ($5.64) price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of B&M European Value Retail SA in a research note on Wednesday. They set a “buy” rating and a GBX 350 ($5.98) price target on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 320 ($5.47).

Shares of B&M European Value Retail SA (LON:BME) traded down 0.27% during mid-day trading on Thursday, hitting GBX 282.25. The stock had a trading volume of 377,541 shares. B&M European Value Retail SA has a one year low of GBX 256.75 and a one year high of GBX 291.75. The stock’s 50-day moving average is GBX 277.0 and its 200-day moving average is GBX 277.0. The company’s market cap is £2.822 billion.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.