BM European Value Retail (LON:BME) Rating Reaffirmed
They currently have a GBX 440.00 TP on BM European Value Retail (LON:BME). The target price by Peel Hunt would suggest a potential upside of 54.31% from the company’s price per share. This has been announced in recent note on Thursday, 17 December.
From a total of 15 analysts covering BM European Value Retail (LON:BME) stock, 12 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 86% of the ratings are positive. The highest target price is GBX 440 while the lowest target price is GBX 290. The mean of all analyst targets is GBX 374.33 with a 33.79% above today’s (GBX 285.14) stock price. BM European Value Retail was the topic of 17 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 15 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 385 target share price in a report from a November 18. RBC Capital Markets downgraded BME stock in a recent report from December 7 to “Underperform” rating. Jefferies maintained the rating on November 18. Jefferies has a “Buy” rating and a GBX 400 price target on shares. Finally, Numis Securities maintained the stock with “Add” rating in a report issued on a November 20.
The stock decreased 0.30% or GBX 0.86 on December 16, striking GBX 285.14. Approximately shares of stock traded hands. B&M European Value Retail SA (LON:BME) has declined 14.24% since May 20, 2015 and is downtrending. It has underperformed by 11.98% the S&P500.
The overall sentiment of institutions has increased to 0.82 in Q2 2015. Its up 0.07, from 0.75 in 2015Q2. The ratio is positive, as 5 institutions have sold all the shares of B&M European Value Retail SA that they owned while 6 funds have taken shares off the table. 4 funds have purchased shares for the first time while 5 added to their positions. These institutions now hold 1.25 million shares or 2.86% less than the 1.29 million shares they owned in 2015Q2.
The Fund Doliver Capital Advisors Inc. currently is holding shares equating to 0.25% of its total portfolio in B&M European Value Retail SA representing a total of 8,888 shares. Another fund,National Planning Corp, is holding a total of 12,625 shares equating to 0.05% of their holdings. Additionally, Clenar Muke Llc has a 15,069 share stake in B&M European Value Retail SA which represents 0.04% of their total portfolio. The Fund, 1St Source Bank, based out of Indiana, has also built up a stake in the stock, which represents a total of 0.03% of their total portfolio. Finally Financial Advantage Inc., a fund which is based in the state of Maryland reported a total holdings of 749 shares.
B&M European Value Retail S.A. is a United Kingdom holding firm of the Group. The company has a market cap of 2.89 billion GBP. The Firm is engaged in variety retailing in the United Kingdom and Germany. It has 25.63 P/E ratio. It operates in two divisions: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.