B&M European Value Retail (BME) News Today

B&M European Value Retail S.A. (LON:BME) shares have moved lower amid a flurry of broker price target cuts and mixed analyst ratings. Investors are weighing revised forecasts from major banks alongside operational headwinds in the UK market and fresh earnings warnings. Peel Hunt’s reiterated “buy” call provides some offset, while Shore Capital stays neutral with a “hold.”

• Positive Sentiment: Peel Hunt reaffirmed a “buy” rating and set a GBX 400 price target on BME shares. Peel Hunt Rating
• Neutral Sentiment: Shore Capital restated a “hold” rating on BME stock. Shore Capital Rating
• Negative Sentiment: Citigroup cut its price target for BME from GBX 361 to GBX 290, despite retaining a “buy” rating. Citigroup PT Cut
• Negative Sentiment: JPMorgan Chase reduced its BME price objective from GBX 207 to GBX 205 and assigned an “underweight” rating. JPMorgan PT Cut
• Negative Sentiment: Canaccord Genuity lowered its price target on BME shares from GBX 490 to GBX 395 while maintaining a “buy” rating. Canaccord PT Cut
• Negative Sentiment: B&M plans to go “back to basics” after reporting weak UK sales that caused profit to fall short of expectations. Back to Basics Article
• Negative Sentiment: BME shares dropped after the company warned of an upcoming earnings decline. Earnings Drop Warning
• Negative Sentiment: BME hit a new 1-year low amid rising investor concern. New 1-Year Low