Independent Research Analysts Give Metro (B4B3) a €21.00 Price Target

Independent Research set a €21.00 ($25.93) target price on Metro (ETR:B4B3) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €17.50 ($21.60) price target on shares of Metro and gave the company a neutral rating in a research note on Wednesday. Warburg Research set a €21.00 ($25.93) price target on shares of Metro and gave the company a buy rating in a research note on Tuesday. Barclays set a €21.00 ($25.93) price target on shares of Metro and gave the company a buy rating in a research note on Tuesday. Sanford C. Bernstein set a €17.00 ($20.99) price target on shares of Metro and gave the company a neutral rating in a research note on Tuesday. Finally, Commerzbank set a €22.00 ($27.16) price target on shares of Metro and gave the company a buy rating in a research note on Tuesday. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Metro currently has an average rating of Buy and an average target price of €19.56 ($24.15).

Metro (ETR B4B3) opened at €17.50 ($21.60) on Wednesday. The stock has a market cap of $6,410.00 and a price-to-earnings ratio of 14.71. Metro has a 52 week low of €15.48 ($19.11) and a 52 week high of €19.70 ($24.32).

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About Metro

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.

Analyst Recommendations for Metro (ETR:B4B3)

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