Thursday, 2 March 2017

HSBC Reiterates GBX 350.00 PT On BM European Value Retail (LON:BME), Reiterates Buy Rating; Accenture Plc (ACN) Sellers Decreased By 13.03% Their Shorts

Accenture Plc (NYSE:ACN) had a decrease of 13.03% in short interest. ACN’s SI was 8.88M shares in March as released by FINRA. Its down 13.03% from 10.21M shares previously. With 2.49M avg volume, 4 days are for Accenture Plc (NYSE:ACN)’s short sellers to cover ACN’s short positions. The SI to Accenture Plc’s float is 1.43%. The stock increased 1.28% or $1.57 during the last trading session, reaching $124.07. About shares traded. Accenture Plc (NYSE:ACN) has risen 8.59% since July 26, 2016 and is uptrending. It has underperformed by 1.87% the S&P500.

The firm have set TP of GBX 350.00 on BM European Value Retail (LON:BME) shares. This is 12.89% from the previous close. In a report published on Thursday, 2 March, HSBC kept their Buy rating on shares of BME.

Investors sentiment decreased to 0.93 in Q4 2016. Its down 3.82, from 4.75 in 2016Q3. It turned negative, as 2 investors sold B&M European Value Retail SA shares while 12 reduced holdings. 4 funds opened positions while 9 raised stakes. 1.22 million shares or 51.20% less from 2.50 million shares in 2016Q3 were reported. Cordasco Financial Ntwk holds 750 shares. Stratos Wealth Prtnrs Limited invested in 0.06% or 32,550 shares. Morgan Stanley reported 0% of its portfolio in B&M European Value Retail SA (LON:BME). Litman Gregory Asset Mgmt Ltd Llc reported 0.02% stake. Royal Bancshares Of Canada invested in 0% or 43,805 shares. Fifth Third Retail Bank holds 0% of its portfolio in B&M European Value Retail SA (LON:BME) for 1,480 shares. 1St Source Commercial Bank has 7,359 shares. The California-based Lpl Limited Liability Company has invested 0% in B&M European Value Retail SA (LON:BME). National Bank & Trust Of America Corporation De holds 802,467 shares or 0.01% of its portfolio. Next Incorporated accumulated 560 shares or 0% of the stock. Natl Planning holds 0.03% or 10,282 shares. Wells Fargo Mn holds 0% of its portfolio in B&M European Value Retail SA (LON:BME) for 36,675 shares. Invesco Limited reported 45,178 shares stake. Raymond James And Associates reported 0% stake. Cetera Advisor Netwr Ltd Liability Com, California-based fund reported 12,905 shares.

B&M European Value Retail S.A. is a United Kingdom holding firm of the Group. The company has market cap of 3.02 billion GBP. The Firm is engaged in variety retailing in the United Kingdom and Germany. It has a 23.19 P/E ratio. It operates in two divisions: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.

About 616,713 shares traded. B&M European Value Retail SA (LON:BME) has risen 21.63% since August 3, 2016 and is uptrending. It has outperformed by 11.18% the S&P500.

Among 16 analysts covering BM European Value Retail (LON:BME), 14 have Buy rating, 2 Sell and 0 Hold. Therefore 88% are positive. BM European Value Retail has GBX 440 highest and GBX 190 lowest target. GBX 331.25’s average target is 9.58% above currents GBX 302.3 stock price. BM European Value Retail had 108 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of B&M European Value Retail SA (LON:BME) earned “Buy” rating by Nomura on Monday, December 7. Haitong Securities maintained the shares of BME in report on Wednesday, March 2 with “Sell” rating. The firm has “Underperform” rating given on Monday, January 18 by RBC Capital Markets. On Friday, July 15 the stock rating was maintained by Deutsche Bank with “Buy”. Investec maintained the stock with “Buy” rating in Monday, January 11 report. The firm earned “Underperform” rating on Monday, December 7 by RBC Capital Markets. Peel Hunt maintained the stock with “Buy” rating in Thursday, January 7 report. As per Monday, October 17, the company rating was maintained by Credit Suisse. The stock of B&M European Value Retail SA (LON:BME) earned “Buy” rating by Peel Hunt on Thursday, January 14. Credit Suisse maintained B&M European Value Retail SA (LON:BME) on Friday, October 30 with “Outperform” rating.

Investors sentiment decreased to 0.93 in Q4 2016. Its down 0.06, from 0.99 in 2016Q3. It turned negative, as 48 investors sold Accenture Plc shares while 379 reduced holdings. 98 funds opened positions while 298 raised stakes. 466.12 million shares or 9.23% more from 426.72 million shares in 2016Q3 were reported. Cape Cod Five Cents Financial Bank has 1.27% invested in Accenture Plc (NYSE:ACN) for 61,476 shares. Bluecrest Mngmt Ltd has invested 0.16% in Accenture Plc (NYSE:ACN). Tradewinds Capital Mngmt Limited holds 650 shares. Cibc accumulated 45,619 shares. Cornerstone Advisors invested in 18,900 shares. 36,598 were accumulated by Novare Capital Mngmt Limited Liability Company. Lincoln Capital Ltd holds 0.22% or 2,652 shares. Hanseatic Mngmt Services Inc has invested 0.01% in Accenture Plc (NYSE:ACN). Abner Herrman And Brock Ltd owns 2,712 shares. Schwartz Investment Counsel has 0.63% invested in Accenture Plc (NYSE:ACN). Sunbelt Securities, Texas-based fund reported 609 shares. Smith Moore And has invested 0.16% in Accenture Plc (NYSE:ACN). Stifel Fin invested in 450,647 shares or 0.22% of the stock. Advsr Asset holds 0.23% of its portfolio in Accenture Plc (NYSE:ACN) for 117,650 shares. Martin Management Limited Liability Company holds 195,408 shares.

The post HSBC Reiterates GBX 350.00 PT On BM European Value Retail (LON:BME), Reiterates Buy Rating; Accenture Plc (ACN) Sellers Decreased By 13.03% Their Shorts appeared first on Stock Market News | HillCountryTimes | Get it Today.



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