B&M European Value Retail SA 13.7% Potential Upside Indicated by Goldman Sachs

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B&M European Value Retail SA using EPIC/TICKER code (LON:BME) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Goldman Sachs have set their target price at 425 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.7% from the opening price of 373.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 14.5 points and increased 30.7 points respectively. The 52 week high share price is 402.5 GBX while the year low stock price is currently 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 378.17 GBX and the 200 Day Moving Average price is recorded at 367.47. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 3,743,258. Market capitalisation for LON:BME is £3,707,079,327 GBP.

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    B&M European Value Retail reports a 3.7% revenue growth for the first half of FY25, with plans to open a new UK imports center to support future growth.
    B&M European Value Retail (LON:BME), the UK’s top discount retailer, reports a 2.4% revenue increase in Q1 FY2024, driven by strong store openings and high sell-through rates.

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