B&M European Value Retail SA 20% Potential Upside Indicated by Credit Suisse

Broker Ratings

B&M European Value Retail SA with EPIC/TICKER (LON:BME) 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 380 GBX on its stock. This now indicates the analyst believes there is a possible upside of 20.0% from the opening price of 316.6 GBX. Over the last 30 and 90 trading days the company share price has increased 29.8 points and decreased 73.2 points respectively. The 52 week high for the share price is currently at 436.4 GBX while the 52 week low is 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 330.21 GBX and the 200 Day Moving Average price is recorded at 388.79. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 5,181,024. Market capitalisation for LON:BME is £3,187,287,650 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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