Metro (B4B3) Given a €13.50 Price Target by Barclays Analysts

Metro (ETR:B4B3) has been given a €13.50 ($15.70) price objective by analysts at Barclays in a research note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock. Barclays‘s price target points to a potential downside of 6.88% from the stock’s current price.

A number of other brokerages have also weighed in on B4B3. Baader Bank set a €13.00 ($15.12) price objective on Metro and gave the company a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. set a €12.50 ($14.53) price objective on Metro and gave the company a “neutral” rating in a research note on Tuesday. Kepler Capital Markets set a €14.50 ($16.86) price objective on Metro and gave the company a “neutral” rating in a research note on Friday, February 8th. Jefferies Financial Group set a €13.50 ($15.70) price objective on Metro and gave the company a “neutral” rating in a research note on Friday, February 1st. Finally, Sanford C. Bernstein set a €12.90 ($15.00) price objective on Metro and gave the company a “neutral” rating in a research note on Friday, February 1st. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the company’s stock. Metro has an average rating of “Hold” and a consensus price target of €13.72 ($15.96).

Shares of ETR B4B3 opened at €14.50 ($16.86) on Tuesday. Metro has a fifty-two week low of €15.12 ($17.58) and a fifty-two week high of €19.70 ($22.91).

About Metro

Metro AG engages in the wholesale and food retail business. As of September 30, 2018, it operated through 769 stores network. The company operates its stores under the METRO/MAKRO Cash & Carry name in 35 countries primarily serving the needs of hotels, restaurants, and caterers, as well as independent traders.

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Analyst Recommendations for Metro (ETR:B4B3)

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