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B&M European Value Retail SA ( (GB:BME) ) has provided an announcement.
B&M European Value Retail S.A. announced a transaction involving the purchase of ordinary shares by its CEO, Tjeerd Jegen. The transaction, which took place on the London Stock Exchange, involved the acquisition of 31,650 shares at a price of 1.609952 GBP each, totaling 50,954.98 GBP. This move indicates a potential vote of confidence in the company’s future performance by its top executive.
The most recent analyst rating on (GB:BME) stock is a Buy with a £200.00 price target. To see the full list of analyst forecasts on B&M European Value Retail SA stock, see the GB:BME Stock Forecast page.
Spark’s Take on GB:BME Stock
According to Spark, TipRanks’ AI Analyst, GB:BME is a Outperform.
B&M European Value Retail SA’s overall stock score is driven by its strong valuation and positive earnings call, which highlight solid revenue growth and shareholder returns. However, technical analysis indicates bearish momentum, and financial performance shows potential risks due to high leverage and declining free cash flow growth.
To see Spark’s full report on GB:BME stock, click here.
More about B&M European Value Retail SA
B&M European Value Retail S.A. operates in the retail industry, focusing on providing value-for-money products across a wide range of categories. The company is known for its discount retail stores primarily located in the UK and Europe, catering to cost-conscious consumers.
Average Trading Volume: 7,202,400
Technical Sentiment Signal: Sell
Current Market Cap: £1.65B
For an in-depth examination of BME stock, go to TipRanks’ Overview page.