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B&M European Value Retail SA (OTCMKTS:BMRRY – Get Rating) stock has been assigned an average recommendation of ‘pending’ from the eight research firms that cover the stock, MarketBeat.com reports. One Equity Research her analyst gave the stock a sell rating, two issued hold ratings, and one assigned a buy rating to the company. The average 12-month price target for brokerages that covered equities last year is $447.50.
Recently, many research analysts have put a lot of weight on stock prices. Deutsche Bank Aktiengesellschaft raised its price target for B&M European Value Retail from his GBX 415 ($5.06) to his GBX 460 ($5.61) in its research notes on Friday, January 6. Goldman Sachs Group upgraded its shares in B&M European Value Retail from ‘neutral’ to ‘buy’ in a research report on Sunday, November 20. Finally, Barclays raised its price target for B&M European Value Retail from He GBX 475 ($5.80) to He GBX 485 ($5.92) in its Friday 6 January research note.
B&M European Value Retail Trading +1.4%
OTCMKTS:BMRRY shares opened Friday at $21.74. B&M European Value Retail has a 52-week low of $12.74 and a 52-week high of $33.04. The company has a 50-day moving average of $20.19 and a 200-day moving average of $18.06.
B&M European Value Retail Increases Dividend
The business recently announced a dividend payable on Friday, February 17th. Shareholders of record on Monday, January 16 will be paid a dividend of $0.6671. This is a positive change from B&M European Value Retail’s previous dividend of $0.13. This represents a yield of 5.67% for him. The ex-dividend date for this dividend is Friday, January 13.
About B&M European Value Retail
(get rating)
B&M European Value Retail SA is a general merchandise discount retailer. We offer FMCG brands and a variety of non-food items in a variety of categories and prices. The company’s product range spans many non-grocery product categories, including household goods, DIY, electronics, toys, and pet products.
References
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