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B&M European Value Retail SA 8.4% Potential Upside Indicated by Deutsche Bank

B&M European Value Retail SA using EPIC/TICKER code (LON:BME) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Deutsche Bank have set their target price at 450 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.4% from today’s opening price of 415 GBX. Over the last 30 and 90 trading days the company share price has increased 13 points and increased 16.2 points respectively. The 1 year high stock price is 424.2 GBX while the 52 week low for the stock is 292.4 GBX.

B&M European Value Retail SA has a 50 day moving average of 402.78 GBX and the 200 Day Moving Average price is recorded at 374.90. There are currently 1,000,553,957 shares in issue with the average daily volume traded being 2,835,083. Market capitalisation for LON:BME is £4,164,305,691 GBP.