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

B&M European Value Retail (LON:BME)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday, Marketbeat.com reports. They currently have a GBX 660 ($8.22) target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 26.92% from the stock’s current price.

Separately, Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a report on Tuesday. Two analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to MarketBeat, B&M European Value Retail presently has an average rating of “Hold” and a consensus target price of GBX 593 ($7.38).

B&M European Value Retail Trading Up 1.4 %

Shares of LON:BME opened at GBX 520 ($6.47) on Wednesday. The stock has a 50 day moving average of GBX 526.94 and a 200 day moving average of GBX 543.30. The company has a market cap of £5.20 billion, a PE ratio of 1,485.71 and a beta of 1.00. The company has a current ratio of 1.37, a quick ratio of 0.38 and a debt-to-equity ratio of 280.00. B&M European Value Retail has a 12-month low of GBX 454 ($5.65) and a 12-month high of GBX 618.20 ($7.70).

Insider Activity

In related news, insider Oliver Tant bought 5,000 shares of the business’s stock in a transaction on Tuesday, January 23rd. The shares were bought at an average price of GBX 519 ($6.46) per share, for a total transaction of £25,950 ($32,304.24). Insiders own 4.23% of the company’s stock.

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.