B&M European Value Retail (LON:BME – Get Free Report) had its target price hoisted by stock analysts at JPMorgan Chase & Co. from GBX 513 ($6.30) to GBX 550 ($6.75) in a research note issued on Thursday, Marketbeat.com reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 2.34% from the stock’s previous close.
Several other research firms have also recently commented on BME. Berenberg Bank lowered their target price on B&M European Value Retail from GBX 645 ($7.92) to GBX 630 ($7.74) and set a “buy” rating for the company in a research note on Tuesday. Shore Capital raised B&M European Value Retail to a “buy” rating in a research note on Wednesday, September 6th. Finally, The Goldman Sachs Group cut B&M European Value Retail to an “underweight” rating and set a GBX 513 ($6.30) price objective for the company. in a research note on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 526.86 ($6.47).
B&M European Value Retail Stock Up 0.9 %
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 Luxembourg, Luxembourg.
- Five stocks we like better than B&M European Value Retail
- How to Invest in Pharmaceutical Companies
- 3 large caps with red hot RSIs with upside
- Most Volatile Stocks, What Investors Need to Know
- Johnson Controls International: Nothing but upside for investors
- What is a Bond Market Holiday? How to Invest and Trade
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for B&M European Value Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail and related companies with MarketBeat.com's FREE daily email newsletter.