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 research report sent to investors on Wednesday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 660 ($8.22) price objective on the stock.

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

B&M European Value Retail Trading Down 1.8 %

Shares of LON:BME opened at GBX 510.40 ($6.35) on Wednesday. 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. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37. The stock’s 50-day simple moving average is GBX 527.29 and its two-hundred day simple moving average is GBX 542.69. B&M European Value Retail has a 52-week low of GBX 454 ($5.65) and a 52-week high of GBX 618.20 ($7.70).

Insider Transactions at B&M European Value Retail

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

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.