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BM European Value Retail (LON:BME) target price raised to 280.00GBX, reported today by Goldman Sachs

Yesterday BM European Value Retail (LON:BME) traded -0.40% lower at 0.00GBX. BM European Value Retail’s 50-day moving average is 242.10GBX and its 200-day moving average is 263.11GBX. 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 time period. 1,837,486 shares of BME traded hands, down from an average trading volume of 2,665,030

BM European Value Retail (LON:BME) had its target price raised to 280.00GBX by Goldman Sachs in a report released 11/28/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on Friday November 18, 2016, Numis reported about BM European Value Retail (LON:BME) raised the target price from 0.00GBX to 325.00GBX. At the time, this indicated a possible upside of 0.26%.

Recent Performance Chart

BM European Value Retail (LON:BME)

BM European Value Retail has 52 week low of 218.40GBX and a 52 week high of 323.70GBX with a PE ratio of 19.09 and has a market capitalization of 0 GBX.

In addition to Goldman Sachs reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 311.88GBX with 7 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

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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