Deutsche Bank Aktiengesellschaft Has Lowered Expectations for B&M European Value Retail (LON:BME) Stock Price

B&M European Value Retail (LON:BME) had its price target dropped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 175 in a report issued on Friday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 8.29% from the stock’s current price.

A number of other equities research analysts also recently weighed in on BME. Peel Hunt reissued an “add” rating and set a GBX 200 price target on shares of B&M European Value Retail in a research note on Thursday, November 13th. JPMorgan Chase & Co. lifted their target price 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 target price on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a “buy” rating for the company in a research report on Tuesday, October 21st. Berenberg Bank reduced their price target on B&M European Value Retail from GBX 450 to GBX 300 and set a “buy” rating on the stock in a research report on Thursday, December 4th. Finally, Jefferies Financial Group decreased their price objective on B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating for the company in a research note on Thursday, November 20th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 213.13.

B&M European Value Retail Price Performance

B&M European Value Retail stock opened at GBX 161.60 on Friday. The business’s 50-day simple moving average is GBX 165.11 and its 200 day simple moving average is GBX 203.88. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The stock has a market cap of £1.62 billion, a price-to-earnings ratio of 6.54 and a beta of 1.05. B&M European Value Retail has a 12-month low of GBX 154 and a 12-month high of GBX 350.

B&M European Value Retail (LON:BME) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 7.20 earnings per share 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, research analysts anticipate that B&M European Value Retail will post 38.4814815 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Tjeerd Jegen bought 29,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were bought at an average cost of GBX 164 per share, for a total transaction of £47,560. Insiders have acquired 123,950 shares of company stock valued at $19,757,500 in the last quarter. Company insiders own 22.79% of the company’s stock.

B&M European Value Retail News Roundup

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.

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.