B&M European Value Retail (LON:BME) Price Target Cut to GBX 175 by Analysts at Deutsche Bank Aktiengesellschaft

B&M European Value Retail (LON:BME) had its target price lowered by Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 175 in a report published on Friday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently issued reports on BME. JPMorgan Chase & Co. raised their price objective on shares of B&M European Value Retail from GBX 163 to GBX 170 and gave the stock an “underweight” rating in a report on Friday. Citigroup dropped their price target on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating on the stock in a research note on Tuesday, October 21st. Peel Hunt restated an “add” rating and issued a GBX 200 price objective on shares of B&M European Value Retail in a research note on Thursday, November 13th. Jefferies Financial Group decreased their target price on B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a report on Thursday, November 20th. Finally, Canaccord Genuity Group cut their price target on B&M European Value Retail from GBX 245 to GBX 230 and set a “buy” rating for the company in a report on Friday. Six investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 213.13.

B&M European Value Retail Stock Performance

Shares of BME opened at GBX 161.60 on Friday. The firm has a market capitalization of £1.62 billion, a P/E ratio of 6.54 and a beta of 1.05. The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38. B&M European Value Retail has a one year low of GBX 154 and a one year high of GBX 350. The business has a fifty day moving average of GBX 165.11 and a 200 day moving average of GBX 204.34.

B&M European Value Retail (LON:BME) last announced its earnings results on Thursday, November 13th. The company reported GBX 7.20 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. As a group, sell-side analysts anticipate that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insiders Place Their Bets

In other B&M European Value Retail news, insider Tjeerd Jegen purchased 31,850 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average price of GBX 155 per share, for a total transaction of £49,367.50. Over the last ninety days, insiders have acquired 123,950 shares of company stock valued at $19,757,500. Corporate insiders own 22.79% of the company’s stock.

B&M European Value Retail News Summary

Here are the key news stories impacting B&M European Value Retail this week:

• Positive Sentiment: Shore Capital reaffirmed its “buy” rating on BME, maintaining analyst support for the shares despite recent headwinds. Read More.
• Neutral Sentiment: JPMorgan raised its price target from GBX 163 to GBX 170 but kept an “underweight” rating — a modestly higher target but still a cautious stance from a large broker, which may limit upside from institutional buyers. Read More.
• Negative Sentiment: B&M cut profit guidance after increased investments in pricing and clearance activity, citing margin pressure from those actions — this operational outlook change is the most direct negative catalyst for the share move. Read More.
• Negative Sentiment: Canaccord Genuity trimmed its price target from GBX 245 to GBX 230 but kept a “buy” rating, signaling reduced upside expectations after the company’s guidance and margin actions. Read More.
• Negative Sentiment: Deutsche Bank lowered its price target from GBX 180 to GBX 175 while maintaining a “buy” rating — another analyst cut to targets that adds downward pressure on sentiment. Read More.

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.