B&M European Value Retail's (BME) "Buy" Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

B&M European Value Retail (LON:BME - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 410 ($5.51) price target on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 73.22% from the stock's current price.

A number of other equities research analysts have also recently issued reports on BME. Shore Capital reiterated a "not rated" rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Citigroup reiterated a "buy" rating and set a GBX 456 ($6.12) price objective on shares of B&M European Value Retail in a research note on Friday, March 28th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a GBX 490 ($6.58) target price 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 issued a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 505.07 ($6.78).

B&M European Value Retail Stock Up 1.8%

LON BME traded up GBX 4.20 ($0.06) during trading on Tuesday, hitting GBX 236.70 ($3.18). The stock had a trading volume of 7,632,326 shares, compared to its average volume of 14,603,612. The company has a market capitalization of £2.38 billion, a PE ratio of 5.66 and a beta of 1.05. The company's 50-day moving average price is GBX 292.52 and its two-hundred day moving average price is GBX 300.37. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. 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).

B&M European Value Retail (LON:BME - Get Free Report) last released its 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%. As a group, sell-side analysts forecast that B&M European Value Retail will post 38.4814815 EPS for the current year.

Insider Buying and Selling at B&M European Value Retail

In related news, insider Tjeerd Jegen bought 37,500 shares of B&M European Value Retail stock in a transaction dated Friday, June 13th. The shares were bought at an average cost of GBX 270 ($3.63) per share, with a total value of £101,250 ($135,960.79). Also, insider Hounaïda Lasry bought 7,600 shares of B&M European Value Retail stock in a transaction dated Wednesday, June 11th. The shares were bought at an average cost of GBX 262 ($3.52) per share, for a total transaction of £19,912 ($26,738.28). Over the last three months, insiders have bought 160,500 shares of company stock worth $42,621,400. 4.22% of the stock is currently owned by 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.