B&m European Value Retail S.a. (di) (LON:BME) had its stock rating reiterated as ‘Buy’ in a report released by analysts at Goldman Sachs.
Goldman Sachs today set a target price of 274 on the company’s stock. According to the analyst this now indicates there is a potential increase of 14.41% from B&m European Value Retail S.a. (di)’s current price of 239.5.
Over the last twelve months B&m European Value Retail S.a. (di)’s stock price has decreased by -25.88% from 323.12 to 239.5.
There are currently 1,000,000,000 shares in issue with a current share value of 239.5 giving B&m European Value Retail S.a. (di) a market capitalisation of 2.40B GBp .
B&m European Value Retail S.a. (di) (LON:BME) has a 50 day moving average of 259.49 and a 200 day moving average of 269.34. The 52 week high for the share price is 341.3 while the 52 week low for the stock is 230.1.
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.