Jefferies Financial Group lowered shares of B&M European Value Retail (LON:BME – Free Report) to a hold rating in a research report sent to investors on Monday, MarketBeat Ratings reports. They currently have GBX 525 ($6.48) price objective on the stock, up from their prior price objective of GBX 380 ($4.69).
A number of other brokerages have also recently commented on BME. Shore Capital reissued a not rated rating on shares of B&M European Value Retail in a research note on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reissued a buy rating and issued a GBX 660 ($8.15) price objective on shares of B&M European Value Retail in a research note on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, B&M European Value Retail presently has a consensus rating of Hold and an average target price of GBX 583.29 ($7.20).
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B&M European Value Retail Trading Up 2.8 %
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.
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