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Canaccord Genuity Sticks to Its Buy Rating for B&M European Value Retail SA (BME)

Canaccord Genuity Sticks to Its Buy Rating for B&M European Value Retail SA (BME)

Canaccord Genuity analyst Mark Photiades maintained a Buy rating on B&M European Value Retail SA (BMEResearch Report) today and set a price target of p490.00. The company’s shares opened today at p290.00.

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According to TipRanks, Photiades is an analyst with an average return of -10.5% and a 35.51% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for B&M European Value Retail SA with a p441.88 average price target.

The company has a one-year high of p561.80 and a one-year low of p254.60. Currently, B&M European Value Retail SA has an average volume of 5.31M.

Based on the recent corporate insider activity of 13 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.

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