B&M European Value Retail SA 6.2% Potential Decrease Indicated by JP Morgan Cazenove

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B&M European Value Retail SA using EPIC/TICKER code (LON:BME) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. JP Morgan Cazenove have set a target price of 430 GBX on its stock. This would indicate that the analyst believes there is a downside of -6.2% from the opening price of 458.3 GBX. Over the last 30 and 90 trading days the company share price has increased 41.3 points and increased 130.8 points respectively. The 52 week high share price is 484.99 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 414.42 GBX and a 200 day moving average of 373.39. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 4,876,250. Market capitalisation for LON:BME is £4,678,725,692 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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