B&M European Value Retail SA 6.3% Potential Upside Indicated by Citigroup

Broker Ratings
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B&M European Value Retail SA with EPIC/TICKER (LON:BME) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Citigroup. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Citigroup have set a target price of 405 GBX on its stock. This is indicating the analyst believes there is a potential upside of 6.3% from today’s opening price of 381.1 GBX. Over the last 30 and 90 trading days the company share price has increased 4.3 points and increased 32.8 points respectively. The 52 week high for the stock is 402.5 GBX while the 52 week low for the share price is 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 378.05 GBX and the 200 Day Moving Average price is recorded at 368.23. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 4,161,388. Market capitalisation for LON:BME is £3,899,187,204 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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