B&M European Value Retail SA 7.3% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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B&M European Value Retail SA with EPIC/TICKER (LON:BME) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. RBC Capital Markets have set a target price of 425 GBX on its stock. This now indicates the analyst believes there is a possible upside of 7.3% from today’s opening price of 396.2 GBX. Over the last 30 and 90 trading days the company share price has increased 64.2 points and increased 62 points respectively. The 52 week high for the stock is 439.9 GBX while the 52 week low for the stock is 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 328.48 GBX and the 200 Day Moving Average price is recorded at 363.83. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 3,490,269. Market capitalisation for LON:BME is £3,974,315,392 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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