Metro (ETR:B4B3) has been given a €18.20 ($22.47) price objective by research analysts at Kepler Capital Markets in a research note issued on Monday. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 6.27% from the company’s current price.
Several other research analysts have also recently commented on B4B3. set a €18.50 ($22.84) price target on Metro and gave the company a “neutral” rating in a research report on Friday, October 13th. JPMorgan Chase & Co. set a €19.00 ($23.46) price target on Metro and gave the company a “neutral” rating in a research report on Friday, October 13th. Sanford C. Bernstein set a €17.00 ($20.99) price target on Metro and gave the company a “neutral” rating in a research report on Tuesday, October 17th. Commerzbank set a €22.00 ($27.16) price target on Metro and gave the company a “buy” rating in a research report on Thursday, October 19th. Finally, equinet set a €29.00 ($35.80) price target on Metro and gave the company a “buy” rating in a research report on Friday, October 20th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Metro presently has an average rating of “Buy” and an average target price of €19.64 ($24.25).
Metro (B4B3) opened at €17.13 ($21.14) on Monday. Metro has a 52-week low of €15.48 ($19.11) and a 52-week high of €19.70 ($24.32). The company has a market capitalization of $6,210.00 and a P/E ratio of 19.03.
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Metro Company Profile
Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.
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