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JPMorgan cuts B&M price target, reiterates 'underweight'
By Michele Maatouk
Date: Thursday 05 Jun 2025
(Sharecast News) - JPMorgan Cazenove cut its price target on B&M European Value Retail on Thursday to 281p from 299p as it reiterated its 'underweight' rating on the shares.
"Following weaker-than-expected FY25 earnings, we revise our estimates HSD-DD% below consensus with a revised Sep-26 price target of 281p," it said.
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