B&M European Value Retail SA 28.1% Potential Upside Indicated by HSBC

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B&M European Value Retail SA with EPIC/TICKER (LON:BME) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. HSBC have set their target price at 460 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 28.1% from today’s opening price of 359.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 35.7 points and increased 9.8 points respectively. The 1 year high for the stock price is 436.4 GBX while the 52 week low for the stock is 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 388.60 GBX and the 200 Day Moving Average price is recorded at 370.28. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 2,302,982. Market capitalisation for LON:BME is £3,575,005,124 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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