B&M European Value Retail’s (BME) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of B&M European Value Retail (LON:BME) in a report published on Wednesday morning, MarketBeat reports. They currently have a GBX 660 ($8.22) target price on the stock.

Separately, Shore Capital reaffirmed a not rated rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, B&M European Value Retail has an average rating of Hold and an average target price of GBX 593 ($7.38).

B&M European Value Retail Trading Down 1.8 %

BME opened at GBX 510.40 ($6.35) on Wednesday. The stock has a fifty day moving average price of GBX 527.29 and a 200-day moving average price of GBX 542.69. B&M European Value Retail has a 12 month low of GBX 454 ($5.65) and a 12 month high of GBX 618.20 ($7.70). The firm has a market cap of £5.10 billion, a price-to-earnings ratio of 1,458.29 and a beta of 1.00. The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00.

Insider Activity at B&M European Value Retail

In other B&M European Value Retail news, insider Oliver Tant bought 5,000 shares of B&M European Value Retail stock in a transaction that occurred on Tuesday, January 23rd. The shares were bought at an average cost of GBX 519 ($6.46) per share, with a total value of £25,950 ($32,304.24). 4.23% of the stock is currently owned by corporate insiders.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.