B&M European Value Retail SA 14.1% Potential Upside Indicated by Goldman Sachs

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B&M European Value Retail SA with EPIC/TICKER (LON:BME) has 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 a target price of 435 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.1% from today’s opening price of 381.3 GBX. Over the last 30 and 90 trading days the company share price has increased 13.8 points and increased 100.5 points respectively. The 1 year high for the stock price is 436.4 GBX while the year low share price is currently 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 352.45 GBX and a 200 Day Moving Average share price is recorded at 375.88. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 3,440,445. Market capitalisation for LON:BME is £3,761,109,572 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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