Metro AG Preference Shares (B4B3) Given a €12.00 Price Target at Societe Generale

Metro AG Preference Shares (ETR:B4B3) has been given a €12.00 ($13.95) price objective by stock analysts at Societe Generale in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Societe Generale’s target price suggests a potential downside of 4.15% from the stock’s current price.

B4B3 has been the subject of a number of other research reports. Commerzbank set a €12.00 ($13.95) price target on Metro AG Preference Shares and gave the stock a “neutral” rating in a report on Monday, August 27th. equinet set a €17.00 ($19.77) price target on Metro AG Preference Shares and gave the stock a “buy” rating in a report on Thursday, July 12th. BNP Paribas set a €11.30 ($13.14) price target on Metro AG Preference Shares and gave the stock a “neutral” rating in a report on Tuesday, July 17th. Baader Bank set a €10.00 ($11.63) price target on Metro AG Preference Shares and gave the stock a “sell” rating in a report on Wednesday, July 4th. Finally, Deutsche Bank set a €12.00 ($13.95) price target on Metro AG Preference Shares and gave the stock a “neutral” rating in a report on Friday, August 3rd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. Metro AG Preference Shares has a consensus rating of “Hold” and a consensus price target of €13.43 ($15.62).

ETR B4B3 opened at €12.52 ($14.56) on Monday. Metro AG Preference Shares has a twelve month low of €15.12 ($17.58) and a twelve month high of €19.70 ($22.91).

Metro AG Preference Shares 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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Analyst Recommendations for Metro AG Preference Shares (ETR:B4B3)

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