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BM European Value Retail (LON:BME) target price held steady at 390.00GBX, reported today by JP Morgan Cazenove

BM European Value Retail (LON:BME) had its target price hold steady to 390.00GBX by JP Morgan Cazenove in a report released 11/15/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on Tuesday November 14, 2017, Peel Hunt reported about BM European Value Retail (LON:BME) raised the target price from 440.00GBX to 485.00GBX. At the time, this indicated a possible upside of 0.27%.

Yesterday BM European Value Retail (LON:BME) traded -0.83% lower at 0.00GBX. The company’s 50-day moving average is 378.08GBX and its 200-day moving average is 354.83GBX. The last stock close price is down 11.04% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,036,942 shares of the stock were exchanged, down from an average trading volume of 3,198,910

See Chart Below

BM European Value Retail (LON:BME)

BM European Value Retail has a 52 week low of 218.40GBX and a 52 week high of 400.56GBX with a P/E ratio of 27.55 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is 311.88GBX with 7 firms rating the stock a strong buy, 5 firms rating the stock a buy, 2 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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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