B&M European Value Retail (LON:BME – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a note issued to investors on Monday, MarketBeat.com reports. They currently have a GBX 490 ($6.62) target price on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 84.42% from the company’s previous close.
Other research analysts have also issued reports about the stock. Citigroup restated a “buy” rating and set a GBX 456 ($6.16) target price on shares of B&M European Value Retail in a research report on Friday, March 28th. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 538.76 ($7.27).
Read Our Latest Stock Analysis on B&M European Value Retail
B&M European Value Retail Trading Down 4.1%
B&M European Value Retail (LON:BME – Get Free Report) last posted its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. As a group, sell-side analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.
B&M European Value Retail Company Profile
B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.
Further Reading
- Five stocks we like better than B&M European Value Retail
- Stock Splits, Do They Really Impact Investors?
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- 3 Healthcare Dividend Stocks to Buy
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Government Mandate Sends eVTOL Stocks Flying
Receive News & Ratings for B&M European Value Retail 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 and related companies with MarketBeat.com's FREE daily email newsletter.