B&M Retail stock gains 1.07 percent as BofA lifts target

B&M Retail stock was trading at EUR 92.43 at Lang & Schwarz on September 29, 2026, up 1.07 percent from the prior close of EUR 91.45. The immediate catalyst was a BofA target increase to 250 pence from 215 pence, while the rating stayed neutral, as Morningstar reported on September 29, 2026.

BofA lifts target to 250 pence

The new target is 35 pence above the previous 215 pence level, a 16.28 percent increase in BofA's published valuation view. The neutral rating places the target revision alongside a measured assessment rather than a recommendation to buy the shares.

B&M European Value Retail operates discount stores under the B&M, Heron Foods and B&M France brands. The company lists a Q1 FY27 trading statement dated July 15, 2026, and its FY26 annual report dated June 18, 2026, on its investor-relations page.

Interim results set for November

The next scheduled checkpoint is November 12, 2026, when B&M plans to publish interim figures for the 26 weeks to September 26, 2026, according to The Globe and Mail. That reporting date gives investors a defined test for trading performance and margin execution after the target revision.

Stock remains below yearly high

On the London Stock Exchange, B&M European Value Retail was last at GBp 252.40 on September 29, 2026 at 3:54 p.m. London time. The quote stood within its GBp 140.00 to GBp 269.30 52-week range, while the GBP 2.5 billion market capitalization puts the company in the large-cap segment of UK retail.