Todays Report: Today, B&M European Value Retail SA’s (BME) Buy Rating Reaffirm at Peel Hunt

Today, B&M European Value Retail SA’s (BME) Buy Rating Reaffirm at Peel Hunt

B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research note issued to investors on Monday. They currently have a GBX 440 ($5.46) price target on the stock. Peel Hunt’s target price points to a potential upside of 77.30% from the stock’s current price.

Other research analysts also recently issued reports about the company. Numis Securities Ltd reissued a “buy” rating and issued a GBX 350 ($4.34) price target on shares of B&M European Value Retail SA in a report on Tuesday, November 15th. Liberum Capital boosted their price target on B&M European Value Retail SA from GBX 300 ($3.72) to GBX 330 ($4.09) and gave the company a “buy” rating in a report on Thursday, August 18th. Investec reissued a “buy” rating and issued a GBX 345 ($4.28) price target on shares of B&M European Value Retail SA in a report on Tuesday, November 1st. Morgan Stanley raised B&M European Value Retail SA to an “overweight” rating and boosted their price target for the company from GBX 270 ($3.35) to GBX 315 ($3.91) in a report on Wednesday, August 10th. Finally, HSBC reissued a “buy” rating and issued a GBX 355 ($4.40) price target on shares of B&M European Value Retail SA in a report on Tuesday, August 16th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating to the stock. B&M European Value Retail SA currently has an average rating of “Buy” and a consensus target price of GBX 316.33 ($3.92).

Shares of B&M European Value Retail SA (LON:BME) traded down 0.24% during mid-day trading on Monday, reaching GBX 248.70. The company had a trading volume of 1,478,809 shares. B&M European Value Retail SA has a 1-year low of GBX 218.40 and a 1-year high of GBX 323.70. The company’s market capitalization is GBX 2.49 billion. The stock’s 50-day moving average price is GBX 242.01 and its 200 day moving average price is GBX 262.86.

The business also recently disclosed 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. This represents a yield of 0.78%. The ex-dividend date of this dividend is Thursday, November 24th.

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