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

B&M European Value Retail (LON:BME)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, MarketBeat reports. They presently have a GBX 410 ($5.50) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 79.59% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Citigroup restated a “buy” rating and issued a GBX 456 ($6.12) price objective on shares of B&M European Value Retail in a report on Friday, March 28th. Shore Capital reiterated a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday, April 15th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 490 ($6.58) price target on shares of B&M European Value Retail in a report on Monday, June 9th. Two analysts have rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 505.07 ($6.78).

B&M European Value Retail Trading Down 2.6%

BME opened at GBX 228.30 ($3.06) on Tuesday. B&M European Value Retail has a 52 week low of GBX 220.80 ($2.96) and a 52 week high of GBX 475.80 ($6.38). The business has a fifty day simple moving average of GBX 294.62 and a 200-day simple moving average of GBX 301.26. The firm has a market cap of £2.30 billion, a P/E ratio of 5.46 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77.

B&M European Value Retail (LON:BME) last posted its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) earnings per share for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. On average, equities analysts expect that B&M European Value Retail will post 38.4814815 earnings per share for the current year.

Insider Buying and Selling at B&M European Value Retail

In related news, insider Tjeerd Jegen bought 45,000 shares of the stock in a transaction dated Friday, June 13th. The stock was acquired at an average price of GBX 262 ($3.52) per share, for a total transaction of £117,900 ($158,212.56). Also, insider Hounaïda Lasry bought 7,600 shares of the stock in a transaction dated Wednesday, June 11th. The stock was bought at an average price of GBX 262 ($3.52) per share, with a total value of £19,912 ($26,720.34). Over the last ninety days, insiders purchased 160,500 shares of company stock worth $42,621,400. 4.22% of the stock is 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.