Member Info for Everlong50

Elsewhere RBC commented:

"In our view, it remains cash generative, and we expect it to continue to look to return surplus cashflow to shareholders. We see potential for B&M to achieve a gradual re-rating as it delivers consistently positive LFL sales growth (as higher rated Dollar General has done in the US) and as the growth of France and Heron Foods become better appreciated by the market."

https://www.proactiveinvestors.co.uk/companies/news/1008124/b-m-receives-upgrade-and-target-price-hike-from-broker-1008124.html

"B&M should offer amongst the highest, most durable growth in the sector, driven by positive like-for-like sales and space expansion.”

In comparison, B&M's future growth plan is to increase their stores in the UK from 704 currently to 950.

Goldman Sachs has raised the price target to £6.00 with a buy recommendation.

Mine's just landed in my account, A J Bell. :-)

Today is the payment date, it should land in your account Monday. Mine did last time.

Deutsche Bank today rated B&M a buy with a revised price target of £5.80.

Progressing very nicely now......and divi paid tomorrow too!

I would expect the sp to gradually rise back to £4.50+ over the next few days/weeks.

Normal fall on ex-dividend day of a little less than the dividend itself.

Berenberg today rated B&M a buy, raising their price target from £4.60 to £5.25.

https://web.lumiagm.com/177-699-835

Mine's in today

JPMorgan raised price target to 555p today.

lti
Exactly.

Dropped back not much more than the divi and looks like a gradual climb back again to me. More value in this yet imo.

Goldman Sachs raised sp target to 490 "buy" this morning.

Correct, no stamp duty to pay on share purchases in companies registered outside the UK.

Nice finish today, looking strong, maybe the special dividend anticipated.

Nice bounce this morning and still plenty of upside imo.