Today, B&M European Value Retail SA (BME) Price Target Raised to GBX 280 at Goldman Sachs Group Inc.

Today, B&M European Value Retail SA (BME) Price Target Raised to GBX 280 at Goldman Sachs Group Inc.

B&M European Value Retail SA (LON:BME) had its price target lifted by Goldman Sachs Group Inc. from GBX 274 ($3.40) to GBX 280 ($3.47) in a research report sent to investors on Monday. They currently have a buy rating on the stock.

A number of other research analysts have also commented on BME. Royal Bank Of Canada reaffirmed an underperform rating on shares of B&M European Value Retail SA in a research report on Monday, August 1st. Peel Hunt reaffirmed a buy rating and set a GBX 440 ($5.46) price target on shares of B&M European Value Retail SA in a research report on Tuesday, August 2nd. Liberum Capital reaffirmed a buy rating and set a GBX 300 ($3.72) price target on shares of B&M European Value Retail SA in a research report on Tuesday, August 9th. Morgan Stanley raised B&M European Value Retail SA to an overweight rating and upped their price target for the company from GBX 270 ($3.35) to GBX 315 ($3.91) in a research report on Wednesday, August 10th. Finally, HSBC reaffirmed a buy rating and set a GBX 355 ($4.40) price target on shares of B&M European Value Retail SA in a research report on Wednesday, August 10th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 316.33 ($3.92).

B&M European Value Retail SA (LON:BME) opened at 249.50 on Monday. B&M European Value Retail SA has a 12 month low of GBX 218.40 and a 12 month high of GBX 323.70. The company’s 50 day moving average price is GBX 242.01 and its 200 day moving average price is GBX 262.86. The stock’s market cap is GBX 2.49 billion.

The firm also recently announced a dividend, which will be paid on Friday, December 23rd. Shareholders of record on Thursday, November 24th will be paid a dividend of GBX 1.90 ($0.02) per share. The ex-dividend date is Thursday, November 24th. This represents a yield of 0.78%.

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