B&M European Value Retail SA 14.2% Potential Upside Indicated by Credit Suisse

Broker Ratings
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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 ‘OUTPERFORM’ today by analysts at Credit Suisse. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Credit Suisse have set their target price at 430 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.2% from today’s opening price of 376.6 GBX. Over the last 30 and 90 trading days the company share price has increased 36.4 points and increased 66.5 points respectively. The 1 year high stock price is 439.9 GBX while the 52 week low for the share price is 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 340.94 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 3,861,473. Market capitalisation for LON:BME is £3,762,191,696 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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