Metro (B4B3) Given a €21.00 Price Target at Barclays

Metro (ETR:B4B3) has been given a €21.00 ($25.00) price objective by equities research analysts at Barclays in a note issued to investors on Wednesday, December 20th. The brokerage presently has a “buy” rating on the stock. Barclays’ price objective would indicate a potential upside of 22.16% from the stock’s current price.

A number of other research firms also recently weighed in on B4B3. Sanford C. Bernstein set a €17.00 ($20.24) price target on shares of Metro and gave the stock a “neutral” rating in a research note on Thursday, August 31st. Warburg Research set a €23.80 ($28.33) price target on shares of Metro and gave the stock a “buy” rating in a research note on Thursday, August 31st. set a €18.50 ($22.02) price target on shares of Metro and gave the stock a “neutral” rating in a research note on Monday, September 18th. Kepler Capital Markets set a €18.20 ($21.67) price target on shares of Metro and gave the stock a “neutral” rating in a research note on Thursday, December 14th. Finally, Independent Research set a €11.50 ($13.69) price target on shares of Metro and gave the stock a “buy” rating in a research note on Monday, September 4th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Metro presently has an average rating of “Buy” and an average target price of €19.80 ($23.57).

Shares of Metro (B4B3) traded down €0.13 ($0.15) during mid-day trading on Wednesday, reaching €17.19 ($20.46). The company had a trading volume of 2,850 shares, compared to its average volume of 2,680. The stock has a market cap of $6,150.00 and a price-to-earnings ratio of 19.10. Metro has a one year low of €15.48 ($18.43) and a one year high of €19.70 ($23.45).

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About Metro

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 (ETR:B4B3)

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