A statement released earlier today by Peel Hunt about BM European Value Retail (LON:BME) maintains the target price at 440.00GBX
- Updated: November 27, 2016
BM European Value Retail (LON:BME) had its target price hold steady to 440.00GBX by Peel Hunt in a report issued 11/28/2016. The updated stock price target implies consistent performance relative to the company's last closing price.
On Friday November 18, 2016, Numis released a statement for BM European Value Retail (LON:BME) bumped up the target price from 0.00GBX to 325.00GBX that suggested an upside of 0.26%.
Showing a price of 0.00GBX, BM European Value Retail (LON:BME) traded -0.40% lower on the day. The last stock price is down -5.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same period. BM European Value Retail has recorded a 50-day average of 242.10GBX and a two hundred day average of 263.11GBX. Trade Volume was down over the average, with 1,837,486 shares of BME changing hands under the typical 2,665,030
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BM European Value Retail has 52 week low of 218.40GBX and a 52 week high of 323.70GBX with a price-earnings ratio of 19.09 and has a total market value of 0 GBX.
A total of 16 firms have reported on the stock. Seven equity analysts rating the company a strong buy, 5 brokers rating the stock a buy, 2 brokers rating the stock a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of 311.88GBX.
Brief Synopsis On BM European Value Retail (LON:BME)
B&M European Value Retail S.A. is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment. It sells a range of grocery and fast moving consumer goods (FMCG) products in its B&M stores. Its FMCG products include do it yourself and decorating goods, household goods, food, confectionery, soft drinks, alcohol, and toiletries and seasonal goods. It sells non-grocery products under various categories, such as housewares, electrical, gardening, toys and pet care. Its grocery products are ambient food, drink and confectionery lines. It also operates under categories, such as sports and leisure, home and living, everyday essentials, stationery, clothing and footwear, gifts, baby and winter fuel. Its brands include Duracell, Kellogg's, Coca-Cola and Nestle, among others.
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