Berenberg hikes target price on 'well placed' B&M

9th Jan 2023 09:36

(Sharecast News) - Analysts at Berenberg raised their target price on discount retailer B&M from 460.0p to 525.0p on Monday, stating the group was "well set for 2023".

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Deutsche Bank raises target price on B&M

11th Nov 2022 10:27

(Sharecast News) - Analysts at Deutsche Bank raised their target price on retailer B&M from 395.0p to 415.0p on Friday as it cautioned investors not to "ignore the margin elephant in the room".

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Deutsche Bank upgrades B&M to 'hold', lowers target price

19th Oct 2022 10:34

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on retailer B&M from 480.0p to 395.0p on Wednesday but upgraded the stock to 'hold', stating the group was "always discount" but also "increasingly value".

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B&M names Mike Schmidt as CFO

5th Jul 2022 07:15

(Sharecast News) - Variety goods value retailer B&M European Value Retail named Mike Schmidt as its next chief financial officer on Tuesday, succeeding Alex Russo.

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Shore Cap reintroduces 'hold' rating on B&M

22nd Jun 2022 13:32

(Sharecast News) - Shore Capital has reintroduced B&M European Value Retail's 'hold' rating ahead of an expected "muted" quarterly trading update.

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Deutsche Bank upgrades B&M to 'hold', lowers target price

1st Jun 2022 09:52

(Sharecast News) - Analysts at Deutsche Bank upgraded their rating on retailer B&M from 'sell' to 'hold' on Wednesday, stating earnings risks were increasing but valuation upside was also present.

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B&M Value Retail names new CEO, warns on hit to margins

31st May 2022 07:04

(Sharecast News) - B&M Value Retail on Tuesday warned of a hit to profits as Britain's cost-of-living crisis hit household budgets and announced chief financial officer Alex Russo as a replacement for chief executive Simon Arora.

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Tuesday preview: Chinese manufacturing, B&M Retail in the spotlight

30th May 2022 13:34

(Sharecast News) - The focus in financial markets at the end of May will be on the results of an 'official' survey on manufacturing sector conditions in China for the month of May.

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Credit Suisse downgrades B&M European Value Retail

25th Mar 2022 07:28

(Sharecast News) - Credit Suisse downgraded discount retailer B&M European Value Retail to 'neutral' from 'outperform' on Friday and cut the price target to 600p from 675p, noting that the shares have consistently outperformed UK retail over the past year.

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RBC Capital ups B&M European Value Retail to 'sector perform'

10th Feb 2022 15:40

(Sharecast News) - RBC Capital Markets upgraded B&M European Value Retail from 'underperform' on Thursday, citing a "moderate" valuation.

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B&M sees FY profits ahead of consensus after strong Xmas

6th Jan 2022 07:56

(Sharecast News) - Discount retailer B&M European Value Retail said on Thursday that full-year profits were set to be above analyst expectations following a "strong" performance over the Christmas period.

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B&M to pay £250m special dividend

9th Dec 2021 07:53

(Sharecast News) - B&M European Value Retail said it would pay out £250m to shareholders in a special dividend reflecting strong trading at the discount retailer.

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B&M sees good stock levels for Xmas, hikes interim dividend

11th Nov 2021 08:14

(Sharecast News) - UK discount retailer B&M Value Retail on Thursday said it was prepared for the busy Christmas trading period with good stock levels, having deliberately taken delivery of imported general merchandise earlier than normal.

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B&M Value Retail shares up as interim forecasts upgraded

8th Sep 2021 09:49

(Sharecast News) - Shares in B&M European Value Retail rose on Wednesday after the company said it expected interim core earnings to be ahead of analysts' forecasts on the back of stronger gross margins.

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B&M hit by pay rebellion at AGM

29th Jul 2021 13:30

(Sharecast News) - More than one-fifth of shareholder votes opposed B&M European Value Retail's pay report at its annual general meeting as some investors rebelled against bigger bosses' bonuses.

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