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B&M European Value Retail (BME) Stock Forecast & Price Target

GBX 448.30
+3.00 (+0.67%)
(As of 07/12/2024 ET)

B&M European Value Retail - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

GBX 577
High ForecastGBX 660
Average ForecastGBX 577
Low ForecastGBX 471
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
3 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 577GBX 572GBX 579.60GBX 513.57
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BME Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BME Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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B&M European Value Retail Stock vs. The Competition

TypeB&M European Value RetailConsumer Defensive Companies
Consensus Rating Score
2.38
2.37
Consensus RatingHoldHold
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/8/2024Canaccord Genuity Group
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 Reiterated RatingBuyGBX 600+32.25%
6/28/2024JPMorgan Chase & Co.
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 Reiterated RatingUnderweight
4/22/2024Jefferies Financial Group
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 DowngradeHoldGBX 380 ➝ GBX 525
4/17/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuyGBX 660+28.71%
4/16/2024Shore Capital
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 Reiterated RatingNot Rated
11/28/2023Citigroup
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 UpgradeBuyGBX 540 ➝ GBX 640+14.57%
11/14/2023Berenberg Bank
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 Lower TargetBuyGBX 645 ➝ GBX 630+14.46%
9/5/2023The Goldman Sachs Group
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 DowngradeUnderweightGBX 513-6.32%
6/15/2023Barclays
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 Reiterated RatingOverweightGBX 565+3.48%
3/6/2023Royal Bank of Canada
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 UpgradeOutperformGBX 460 ➝ GBX 550+11.81%
2/9/2023Stifel Nicolaus
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 DowngradeHoldGBX 500+3.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:01 AM ET.

BME Forecast - Frequently Asked Questions

What is B&M European Value Retail's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for B&M European Value Retail is GBX 577, with a high forecast of GBX 660 and a low forecast of GBX 471.

Should I buy or sell B&M European Value Retail stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for B&M European Value Retail in the last year. There are currently 2 sell ratings, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BME shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BME, but not buy additional shares or sell existing shares.

Does B&M European Value Retail's stock price have much upside?

According to analysts, B&M European Value Retail's stock has a predicted upside of 10.34% based on their 12-month stock forecasts.

Has B&M European Value Retail been downgraded by Wall Street analysts recently?

Over the previous 90 days, B&M European Value Retail's stock had 1 downgrade by analysts.

What analysts cover B&M European Value Retail?

B&M European Value Retail has been rated by research analysts at Canaccord Genuity Group, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., and Shore Capital in the past 90 days.

Do Wall Street analysts like B&M European Value Retail more than its competitors?

Analysts like B&M European Value Retail more than other "consumer defensive" companies. The consensus rating score for B&M European Value Retail is 2.38 while the average consensus rating score for "consumer defensive" companies is 2.37. Learn more on how BME compares to other companies.


This page (LON:BME) was last updated on 7/14/2024 by MarketBeat.com Staff

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