B&M European Value Retail S.A. (DI) (BME)

Sector:

Retailers

Index:

FTSE 100

542.40p
   
  • Change Today:
    -2.20p
  • 52 Week High: 612.40p
  • 52 Week Low: 460.20p
  • Currency: UK Pounds
  • Shares Issued: 1,002.79m
  • Volume: 518,667
  • Market Cap: £5,439m
  • RiskGrade: 144

RBC Capital ups B&M European Value Retail to 'sector perform'

By Michele Maatouk

Date: Thursday 10 Feb 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded B&M European Value Retail from 'underperform' on Thursday, citing a "moderate" valuation.

"We have raised our FY22-23 profit before tax forecasts by 1-2%, due to slightly higher UK like-for-like and France margin assumptions, and are circa 5% above the company compiled-consensus for FY23," RBC.

It noted that B&M now trades at around 13x CY22E price-to-earnings, towards the bottom end of its recent range, and should show moderate growth post a very strong pandemic period.

"We upgrade to sector perform, but have more valuation upside for some other UK general retailers, for whom we expect more imminent extra cash returns," it said.

RBC kept the price target at 600p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BME Market Data

Currency UK Pounds
Share Price 542.40p
Change Today -2.20p
% Change -0.40 %
52 Week High 612.40p
52 Week Low 460.20p
Volume 518,667
Shares Issued 1,002.79m
Market Cap £5,439m
RiskGrade 144

BME Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.59% below the market average1.59% below the market average1.59% below the market average1.59% below the market average1.59% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
40.66% above the market average40.66% above the market average40.66% above the market average40.66% above the market average40.66% above the market average
58.97% above the sector average58.97% above the sector average58.97% above the sector average58.97% above the sector average58.97% above the sector average
Income
29.47% above the market average29.47% above the market average29.47% above the market average29.47% above the market average29.47% above the market average
15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average
Growth
54.46% below the market average54.46% below the market average54.46% below the market average54.46% below the market average54.46% below the market average
15% below the sector average15% below the sector average15% below the sector average15% below the sector average15% below the sector average

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 5
Sell 1
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BME Dividends

  Latest Previous
  Special Interim
Ex-Div 18-Jan-24 16-Nov-23
Paid 09-Feb-24 15-Dec-23
Amount 20.00p 5.10p

Trades for 17-May-2024

Time Volume / Share Price
11:49 26 @ 542.40p
11:49 77 @ 542.40p
11:48 35 @ 542.40p
11:48 157 @ 542.40p
11:48 67 @ 542.40p

BME Key Personnel

CEO Alex Russo
CFO Mike Schmidt

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