Deutsche Bank AG Reiterates Buy Rating for B&M European Value Retail SA (BME)

B&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 435 ($5.72) price target on the stock, down from their previous price target of GBX 436 ($5.73). Deutsche Bank AG’s price objective would indicate a potential upside of 13.96% from the company’s current price.

Other equities analysts have also issued research reports about the company. Liberum Capital restated a “buy” rating and set a GBX 380 ($5.00) price objective on shares of B&M European Value Retail SA in a research note on Wednesday, August 2nd. Investec restated a “buy” rating and set a GBX 435 ($5.72) price objective on shares of B&M European Value Retail SA in a research note on Tuesday. Numis Securities Ltd restated an “add” rating and set a GBX 450 ($5.92) price objective on shares of B&M European Value Retail SA in a research note on Tuesday. Peel Hunt raised their price objective on B&M European Value Retail SA from GBX 440 ($5.79) to GBX 485 ($6.38) and gave the stock a “buy” rating in a research note on Tuesday. Finally, J P Morgan Chase & Co raised their price objective on B&M European Value Retail SA from GBX 370 ($4.87) to GBX 390 ($5.13) and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 403.24 ($5.30).

B&M European Value Retail SA (BME) traded up GBX 0.80 ($0.01) during trading on Wednesday, reaching GBX 381.70 ($5.02). The company’s stock had a trading volume of 5,247,892 shares, compared to its average volume of 2,990,000. B&M European Value Retail SA has a 12-month low of GBX 234.90 ($3.09) and a 12-month high of GBX 413.70 ($5.44).

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B&M European Value Retail SA Company Profile

B&M European Value Retail SA is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.

Analyst Recommendations for B&M European Value Retail SA (LON:BME)

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