RBC Capital analyst Richard Chamberlain maintained a Buy rating on B&M European Value Retail SA (BME – Research Report) yesterday and set a price target of p375.00. The company’s shares closed yesterday at p341.40.
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According to TipRanks, Chamberlain is ranked #2053 out of 9519 analysts.
Currently, the analyst consensus on B&M European Value Retail SA is a Moderate Buy with an average price target of p2,464.05.
Based on B&M European Value Retail SA’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of p3.54 billion and a net profit of p164.53 million. In comparison, last year the company earned a revenue of p3.12 billion and had a net profit of p200.72 million
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BME in relation to earlier this year.
Read More on GB:BME:
- Capital Group Increases Stake in B&M European Value Retail
- Cautious Hold Rating on B&M European Value Retail SA Amid CEO Transition Uncertainty
- B&M European Value Retail Appoints Tjeerd Jegen as CEO
- Hold Rating for B&M European Value Retail SA Amid Mixed Sales Performance and CEO Succession Uncertainty
- B&M European Value Retail Reports Revenue Growth and Expansion Plans for FY25