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

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

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

B&M European Value Retail Stock Performance

LON 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 company has a market cap of £5.10 billion, a P/E ratio of 1,458.29 and a beta of 1.00. The stock has a 50-day moving average of GBX 527.29 and a two-hundred day moving average of GBX 542.85. 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).

Insider Buying and Selling at B&M European Value Retail

In related news, insider Oliver Tant acquired 5,000 shares of the stock in a transaction dated Tuesday, January 23rd. The stock was acquired 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 owned by corporate insiders.

About B&M European Value Retail

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.