Metro (ETR:B4B3) PT Set at €9.20 by Independent Research

Metro (ETR:B4B3) received a €9.20 ($10.82) target price from research analysts at Independent Research in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Independent Research’s target price would suggest a potential upside of 4.31% from the company’s current price.

A number of other brokerages have also recently commented on B4B3. Baader Bank set a €8.00 ($9.41) price objective on shares of Metro and gave the stock a “sell” rating in a research note on Monday. Warburg Research set a €8.50 ($10.00) price objective on shares of Metro and gave the stock a “neutral” rating in a research note on Monday. Berenberg Bank set a €9.00 ($10.59) price objective on shares of Metro and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Jefferies Financial Group set a €8.50 ($10.00) price objective on shares of Metro and gave the stock a “neutral” rating in a research note on Monday. Finally, Kepler Capital Markets set a €8.90 ($10.47) price objective on shares of Metro and gave the stock a “neutral” rating in a research note on Monday, July 27th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €9.88 ($11.62).

Shares of ETR B4B3 opened at €8.82 ($10.38) on Tuesday. The stock has a market capitalization of $26.24 million and a price-to-earnings ratio of -96.92. Metro has a 12 month low of €7.26 ($8.54) and a 12 month high of €13.70 ($16.12). The firm’s 50 day simple moving average is €8.85 and its 200-day simple moving average is €8.94. The company has a debt-to-equity ratio of 287.21, a current ratio of 0.90 and a quick ratio of 0.50.

Metro Company Profile

Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.

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Analyst Recommendations for Metro (ETR:B4B3)

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