B&M European Value Retail SA 13.8% Potential Upside Indicated by Goldman Sachs

Broker Ratings

B&M European Value Retail SA using EPIC/TICKER code (LON:BME) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning 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 a target price of 376 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.8% from the opening price of 330.3 GBX. Over the last 30 and 90 trading days the company share price has increased 61.9 points and decreased 45.4 points respectively. The 52 week high share price is 439.9 GBX while the year low share price is currently 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 318.16 GBX and the 200 Day Moving Average price is recorded at 364.73. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 6,542,654. Market capitalisation for LON:BME is £3,336,943,964 GBP.

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    B&M European Value Retail achieves 3.7% revenue growth, opens 39 new stores

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