B&M European Value Retail SA 36% Potential Upside Indicated by HSBC

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B&M European Value Retail SA using EPIC/TICKER code (LON:BME) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today 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 370 GBX on its stock. This would imply the analyst believes there is now a potential upside of 36.0% from the opening price of 272.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 57.9 points and decreased 139.7 points respectively. The 1 year high for the share price is 439.9 GBX while the year low share price is currently 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 342.79 GBX and the 200 Day Moving Average price is recorded at 367.45. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 7,587,423. Market capitalisation for LON:BME is £2,685,564,437 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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