Trade Report: Today, B&M European Value Retail SA (BME) Receives Outperform Rating from Credit Suisse Group AG

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

B&M European Value Retail SA (LON:BME)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG in a report issued on Monday. They currently have a GBX 350 ($4.33) target price on the stock. Credit Suisse Group AG’s target price indicates a potential upside of 46.63% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the company. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 300 ($3.71) price target on shares of B&M European Value Retail SA in a research note on Tuesday, September 6th. HSBC restated a “buy” rating and issued a GBX 355 ($4.39) price target on shares of B&M European Value Retail SA in a research note on Tuesday, August 16th. Deutsche Bank AG restated a “buy” rating and issued a GBX 300 ($3.71) price target on shares of B&M European Value Retail SA in a research note on Friday, July 15th. Liberum Capital increased their price target on B&M European Value Retail SA from GBX 300 ($3.71) to GBX 330 ($4.08) and gave the company a “buy” rating in a research note on Thursday, August 18th. Finally, Royal Bank Of Canada restated an “underperform” rating on shares of B&M European Value Retail SA in a research note on Monday, August 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. B&M European Value Retail SA has an average rating of “Buy” and an average target price of GBX 321.33 ($3.98).

B&M European Value Retail SA (LON:BME) opened at 237.20 on Monday. B&M European Value Retail SA has a one year low of GBX 230.10 and a one year high of GBX 341.30. The company’s market capitalization is GBX 2.37 billion. The firm’s 50 day moving average price is GBX 261.84 and its 200-day moving average price is GBX 269.60.

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