Metro AG (B4B3) Receives €13.41 Consensus Target Price from Brokerages

Shares of Metro AG (ETR:B4B3) have been assigned an average rating of “Hold” from the eighteen research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €13.32 ($15.49).

Several equities research analysts have recently commented on B4B3 shares. Kepler Capital Markets set a €14.40 ($16.74) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Friday, September 14th. equinet set a €17.00 ($19.77) target price on shares of Metro and gave the stock a “buy” rating in a research report on Monday, September 17th. Baader Bank set a €13.00 ($15.12) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Wednesday. Sanford C. Bernstein set a €12.40 ($14.42) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Friday, September 14th. Finally, HSBC set a €11.50 ($13.37) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Tuesday, August 28th.

Shares of ETR B4B3 opened at €10.69 ($12.43) on Friday. Metro has a 1-year low of €15.12 ($17.58) and a 1-year high of €19.70 ($22.91).

Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of August 2, 2018, it operated 764 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names in 25 European and Asian countries. The company's stores primarily serve hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities.

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Analyst Recommendations for Metro (ETR:B4B3)

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