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

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of B&M European Value Retail (LON:BME) in a research note issued to investors on Wednesday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 660 ($8.22) price target 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 equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus price target of GBX 593 ($7.38).

B&M European Value Retail Trading Up 1.5 %

BME opened at GBX 520.20 ($6.48) on Wednesday. The firm’s fifty day moving average is GBX 526.54 and its two-hundred day moving average is GBX 543.46. 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 firm has a market cap of £5.20 billion, a PE ratio of 1,486.86 and a beta of 1.00. B&M European Value Retail has a twelve month low of GBX 454 ($5.65) and a twelve month high of GBX 618.20 ($7.70).

Insider Buying and Selling

In related news, insider Oliver Tant acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 23rd. The shares were acquired at an average cost of GBX 519 ($6.46) per share, for a total transaction of £25,950 ($32,304.24). 4.23% of the stock is currently owned by company 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.