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

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of B&M European Value Retail (LON:BME) in a research note released on Tuesday morning, MarketBeat reports. The brokerage currently has a GBX 410 ($5.51) price objective on the stock.

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

B&M European Value Retail Price Performance

BME opened at GBX 231.68 ($3.11) on Tuesday. B&M European Value Retail has a 12-month low of GBX 220.80 ($2.96) and a 12-month high of GBX 475.80 ($6.39). The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The business’s fifty day simple moving average is GBX 292.52 and its 200-day simple moving average is GBX 300.37. The company has a market capitalization of £2.33 billion, a price-to-earnings ratio of 5.54 and a beta of 1.05.

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

Insider Buying and Selling at B&M European Value Retail

In other B&M European Value Retail news, insider Hounaïda Lasry acquired 7,600 shares of the stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average cost of GBX 262 ($3.52) per share, with a total value of £19,912 ($26,738.28). Also, insider Tjeerd Jegen bought 45,000 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average cost of GBX 262 ($3.52) per share, with a total value of £117,900 ($158,318.79). Insiders have purchased a total of 160,500 shares of company stock valued at $42,621,400 over the last three months. 4.22% 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.