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B&M European Value Retail SA 15.7% Potential Upside Indicated by Shore Capital

B&M European Value Retail SA using EPIC/TICKER code (LON:BME) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Shore Capital. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Shore Capital have set a target price of 429 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.7% from the opening price of 370.9 GBX. Over the last 30 and 90 trading days the company share price has increased 24.3 points and increased 19.2 points respectively. The 1 year high for the share price is 427.43 GBX while the 52 week low is 277.7 GBX.

B&M European Value Retail SA has a 50 day moving average of 377.36 GBX and a 200 day moving average of 366.60. There are currently 1,000,561,222 shares in issue with the average daily volume traded being 3,238,433. Market capitalisation for LON:BME is £3,724,088,990 GBP.