B&M European Value Retail SA 8.1% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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B&M European Value Retail SA using EPIC/TICKER code (LON:BME) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Morgan Stanley have set a target price of 310 GBX on its stock. This now indicates the analyst believes there is a potential downside of -8.1% from the opening price of 337.4 GBX. Over the last 30 and 90 trading days the company share price has increased 19.8 points and decreased 29.6 points respectively. The 1 year high for the share price is 439.9 GBX while the 52 week low for the share price is 245.6 GBX.

B&M European Value Retail SA has a 50 day moving average of 313.48 GBX and a 200 Day Moving Average share price is recorded at 363.11. There are currently 1,000,582,898 shares in issue with the average daily volume traded being 4,319,088. Market capitalisation for LON:BME is £3,390,975,380 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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