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

Sector:

Retailers

Index:

FTSE 100

543.60p
   
  • Change Today:
    -1.00p
  • 52 Week High: 612.40p
  • 52 Week Low: 460.20p
  • Currency: UK Pounds
  • Shares Issued: 1,002.79m
  • Volume: 2,790,310
  • Market Cap: £5,451m
  • RiskGrade: 144

Barclays ups target for B&M Value Retail after latest trading update

By Alexander Bueso

Date: Friday 30 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Barclays analysts raised their target price for shares of B&M European Value Retail following the retailer's latest update.
Although the trading update for the first quarter contained just four weeks' worth of new sales data for the core UK business, they did imply an exit rate of approximately 11%.

The analysts termed that "very encouraging".

An update on Heron and France contained in the same trading statement was "positive", they added.

The target price for the shares went up from 565.0p to 620.0p, while their recommendation stayed at 'overweight'.

Email this article to a friend

or share it with one of these popular networks:


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 543.60p
Change Today -1.00p
% Change -0.18 %
52 Week High 612.40p
52 Week Low 460.20p
Volume 2,790,310
Shares Issued 1,002.79m
Market Cap £5,451m
RiskGrade 144

BME Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.98% below the market average1.98% below the market average1.98% below the market average1.98% below the market average1.98% 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
40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Growth
53.86% below the market average53.86% below the market average53.86% below the market average53.86% below the market average53.86% 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
17:41 768,644 @ 544.80p
17:39 768,644 @ 544.80p
16:35 339,991 @ 543.60p
16:35 213 @ 543.60p
16:35 1,267 @ 543.60p

BME Key Personnel

CEO Alex Russo
CFO Mike Schmidt

Top of Page