BIM traded at 374.75 this Friday August 14th, decreasing 1.75 or 0.46 percent since the previous trading session. Looking back, over the last four weeks, BIM lost 5.43 percent. Over the last 12 months, its price fell by 28.35 percent. Looking ahead, we forecast BIM to be priced at 360.25 by the end of this quarter and at 320.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
BIM Birlesik Magazalar AS is a Turkey-based company, which is engaged in the operation of retail stores. Through its retail shops in Turkey, the Company sells an assortment of approximately 600 items, including a number of private labels. The Company offers a range of consumer basic food items and consumer goods. BIM Birlesik Magazalar AS’s products include: televisions, cooking pans, toys, meat products, breakfast and dairy products, beverages, legumes and bakery, snacks and sweets, fruits and vegetables, frozen food and cleaning supplies, among others. The Company’s subsidiaries are: Bim Stores LLC, based in Egypt and BIM Stores SARL, based is Morocco, both engaged in the hard discount retail sector.