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Deutsche Bank announced BM European Value Retail (LON:BME), boosting its stock price target to 435.00GBX today

Just yesterday BM European Value Retail (LON:BME) traded -0.63% lower at 0.00GBX. BM European Value Retail’s 50-day moving average is 376.90GBX and its 200-day moving average is 354.26GBX. The last stock price is down 11.50% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 182,045 shares of BME traded hands, down from an average trading volume of 3,353,000

In a report released on 10/12/2017 Deutsche Bank increased the stock price target of BM European Value Retail (LON:BME) from 425.00GBX to 435.00GBX reporting a possible upside of 0%.

Previously on Thursday October 05, 2017, Deutsche Bank released a statement about BM European Value Retail (LON:BME) held steady the target price at 425.00GBX. At the time, this indicated a possible upside of 0.08%.

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 400.56GBX with a PE ratio of 27.62 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank 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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