B&M European Value Retail (LON:BME) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of B&M European Value Retail (LON:BME) in a report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 660 ($8.22) price target on the stock.

Separately, Shore Capital reiterated a not rated rating on shares of B&M European Value Retail in a research report on Tuesday. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Hold and a consensus target price of GBX 593 ($7.38).

B&M European Value Retail Stock Down 1.8 %

Shares of BME opened at GBX 510.40 ($6.35) on Wednesday. The company has a debt-to-equity ratio of 280.00, a current ratio of 1.37 and a quick ratio of 0.38. The stock has a market capitalization of £5.10 billion, a price-to-earnings ratio of 1,458.29 and a beta of 1.00. B&M European Value Retail has a 1 year low of GBX 454 ($5.65) and a 1 year high of GBX 618.20 ($7.70). The business’s 50 day simple moving average is GBX 527.29 and its 200-day simple moving average is GBX 542.85.

Insider Activity at B&M European Value Retail

In other news, insider Oliver Tant acquired 5,000 shares of the company’s stock in a transaction on Tuesday, January 23rd. The stock was 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 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.