Canaccord Genuity Group restated their buy rating on shares of B&M European Value Retail (LON:BME – Free Report) in a research note issued to investors on Monday, MarketBeat reports. The firm currently has a GBX 490 ($6.64) price target on the stock.
Other equities analysts also recently issued research reports about the stock. Citigroup reaffirmed a “buy” rating and issued a GBX 456 ($6.18) price objective on shares of B&M European Value Retail in a report on Friday, March 28th. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 538.76 ($7.30).
Get Our Latest Stock Analysis on B&M European Value Retail
B&M European Value Retail Stock Down 0.3%
B&M European Value Retail (LON:BME – Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. Sell-side analysts expect that B&M European Value Retail will post 38.4814815 earnings per share for the current year.
B&M European Value Retail Company Profile
B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.
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