Deutsche Bank lifts B&M European Value price target
1st Jun 2023 11:50
(Sharecast News) - Deutsche Bank lifted its price target on B&M European Value Retail on Thursday after the retailer's results a day earlier.
Read moreB&M Value Retail sees current profits ahead of 2023
31st May 2023 07:01
(Sharecast News) - Shares in B&M surged on Wednesday after the discount retailer said it expected current adjusted core earnings to be higher as it posted a fall in annual profits, but reported almost £5bn in sales as customers sought food and goods bargains amid the cost-of-living crisis.
Read moreDeutsche Bank upgrades B&M, downgrades Kingfisher
3rd Feb 2023 09:14
(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
Read moreBerenberg 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".
Read moreDeutsche 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".
Read moreDeutsche 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".
Read moreB&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.
Read moreShore 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.
Read moreDeutsche 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.
Read moreB&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.
Read moreTuesday 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.
Read moreCredit 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.
Read moreRBC 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.
Read moreB&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.
Read moreB&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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