Metro AG (B4B3) PT Set at €22.00 by Baader Bank

Metro AG (ETR:B4B3) received a €22.00 ($25.88) target price from investment analysts at Baader Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock.

Other equities research analysts have also issued reports about the company. Sanford C. Bernstein set a €17.00 ($20.00) price objective on Metro AG and gave the stock a “neutral” rating in a research report on Thursday, August 31st. Warburg Research set a €23.80 ($28.00) price target on Metro AG and gave the company a “buy” rating in a report on Thursday, August 31st. HSBC Holdings plc set a €18.50 ($21.76) price target on Metro AG and gave the company a “neutral” rating in a report on Monday, September 18th. Independent Research GmbH set a €11.50 ($13.53) price objective on Metro AG and gave the company a “buy” rating in a research note on Monday, September 4th. Finally, Commerzbank Ag set a €22.00 ($25.88) price objective on Metro AG and gave the company a “buy” rating in a research note on Thursday, October 19th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of €20.74 ($24.40).

Shares of Metro AG (ETR B4B3) opened at 16.80 on Wednesday. The company has a 50 day moving average of €16.61 and a 200 day moving average of €16.86. Metro AG has a 52-week low of €16.01 and a 52-week high of €18.70.

TRADEMARK VIOLATION NOTICE: This article was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2017/10/27/metro-ag-b4b3-pt-set-at-22-00-by-baader-bank.html.

About Metro AG

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro AG (ETR:B4B3)

Receive News & Ratings for Metro AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro AG and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply