B&M European Value Retail SA 26% Potential Upside Indicated by Goldman Sachs

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 ‘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 their target price at 430 GBX on its stock. This indicates the analyst now believes there is a potential upside of 26.0% from today’s opening price of 341.4 GBX. Over the last 30 and 90 trading days the company share price has increased 16.2 points and decreased 39.1 points respectively. The 52 week high for the stock is 439.9 GBX while the year low stock price is currently 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 316.35 GBX and a 200 Day Moving Average share price is recorded at 363.04. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 4,172,060. Market capitalisation for LON:BME is £3,514,047,259 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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