Metro (ETR:B4B3) has been given a €21.00 ($25.93) price objective by stock analysts at Barclays in a report released on Tuesday. The firm currently has a “buy” rating on the stock. Barclays’ target price would suggest a potential upside of 21.74% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. equinet set a €29.00 ($35.80) price target on shares of Metro and gave the stock a “buy” rating in a research note on Friday, October 20th. Commerzbank set a €22.00 ($27.16) price target on shares of Metro and gave the stock a “buy” rating in a research note on Thursday, October 19th. Kepler Capital Markets set a €20.20 ($24.94) price objective on shares of Metro and gave the company a “buy” rating in a research note on Tuesday, October 17th. Independent Research set a €22.00 ($27.16) price objective on shares of Metro and gave the company a “buy” rating in a research note on Friday, October 20th. Finally, Warburg Research set a €23.80 ($29.38) price objective on shares of Metro and gave the company a “buy” rating in a research note on Friday, October 20th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €19.61 ($24.21).
Metro (B4B3) opened at €17.25 ($21.30) on Tuesday. Metro has a 12 month low of €15.48 ($19.11) and a 12 month high of €19.70 ($24.32). The firm has a market cap of $6,180.00 and a price-to-earnings ratio of 19.17.
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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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