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Discount retailer B&M adds 100 outlets to its shopping list

B&M results
B&M sees full-year profits soar by 18%
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27 May, 2017

The firm has just set a target price of GBX 420.00 on B&m European Value Retail S.a (LON:BME) shares. This key information was released in analysts note on Thursday morning. On Tuesday, December 15 the stock rating was maintained by Investec with "Buy". Visa Inc. had 44 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, May 27, the company rating was maintained by Citigroup. Daiwa Securities downgraded the stock to "Underperform" rating in Wednesday, October 7 report. On Wednesday, July 20 the stock rating was initiated by Credit Suisse with "Outperform". The firm has "Underweight" rating given on Wednesday, August 31 by JP Morgan. HSBC maintained it with "Buy" rating and GBX 400 target in Wednesday, May 17 report. The stock has "Buy" rating by HSBC on Thursday, January 5. This is 13.61 % from the last stock price. About 4.93M shares traded or 49.85% up from the average. Baidu Inc (ADR) (NASDAQ:BIDU) has risen 12.02% since May 26, 2016 and is uptrending. Its up 0.12, from 0.93 in 2016Q3. Next Gp Incorporated Inc invested in 0% or 560 shares. 132 funds opened positions while 525 raised stakes. Financial Architects owns 0.01% invested in B&M European Value Retail SA (LON:BME) for 850 shares. Omers Administration invested in 695,310 shares.

Peregrine Asset Advisers Inc. holds 4.11% of its portfolio in Johnson Controls International plc Ordinary Share for 167,883 shares. Airain has invested 0.07% of its portfolio in Visa Inc (NYSE:V). 4,925,670 shares of the company were exchanged.

Adjusted diluted earnings per share stood at 14.9p, rising from 12.2p, while diluted earnings per share were 14.3p, up from 12.4p. Lowe Brockenbrough & Com has 4,146 shares.

Like-for-like sales in the United Kingdom increased 3.1% and B&M said that it now plans to open 950 stores in the United Kingdom, up from its previous target of 850. Wealthcare Capital Mngmt Limited Liability Corp reported 12 shares. 18,787 are owned by First Allied Advisory Services. Architects Incorporated reported 0.01% stake.

Visa Inc.is a payments technology firm that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The company has market cap of $701.62 million. The Firm operates through payment services segment. Therefore 82% are positive. Lpl Lc holds 0% of its portfolio in B&M European Value Retail SA (LON:BME) for 12,841 shares. The company presently has an average rating of "Buy" and an average price target of GBX 355 ($4.62). This is an increase from B&M European Value Retail SA's previous dividend of $1.90. UBS maintained the stock with "Buy" rating in Tuesday, January 24 report. The stock has a 50 day moving average price of GBX 339.33 and a 200 day moving average price of GBX 297.55. The firm has "Buy" rating by Jefferies given on Friday, May 26. The firm earned "Buy" rating on Friday, September 4 by Citigroup.

ILLEGAL ACTIVITY WARNING: "B&M European Value Retail SA's (BME) "Add" Rating Reaffirmed at Numis Securities Ltd" was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. The company has market cap of 3.67 billion GBP.

Shares in B&M European Value Retail were down 2.3% at 360.60 pence on Thursday. It has a 28.03 P/E ratio. It operates in two divisions: the United Kingdom retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.


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