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B&M European Value Retail SA 22% Potential Upside Indicated by HSBC

B&M European Value Retail SA using EPIC/TICKER code (LON:BME) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. HSBC have set their target price at 500 GBX on its stock. This now indicates the analyst believes there is a possible upside of 22.0% from the opening price of 409.9 GBX. Over the last 30 and 90 trading days the company share price has increased 29.9 points and decreased 4.7 points respectively. The 52 week high for the share price is currently at 436.2 GBX while the 52 week low is 333.5 GBX.

B&M European Value Retail SA has a 50 day moving average of 399.20 GBX and the 200 Day Moving Average price is recorded at 404.54. There are currently 991,523,786 shares in issue with the average daily volume traded being 5,404,843. Market capitalisation for LON:BME is £4,050,374,666 GBP.