Metro (B4B3) Given a €15.00 Price Target by Independent Research Analysts

Independent Research set a €15.00 ($17.44) price target on Metro (ETR:B4B3) in a report released on Tuesday. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also issued reports on B4B3. JPMorgan Chase & Co. set a €12.50 ($14.53) target price on shares of Metro and gave the company a neutral rating in a research report on Friday, September 21st. Jefferies Financial Group set a €12.20 ($14.19) target price on shares of Metro and gave the company a neutral rating in a research report on Tuesday, October 16th. Commerzbank set a €13.50 ($15.70) target price on shares of Metro and gave the company a neutral rating in a research report on Wednesday, July 25th. Barclays set a €11.40 ($13.26) target price on shares of Metro and gave the company a neutral rating in a research report on Thursday, October 25th. Finally, Berenberg Bank set a €12.20 ($14.19) target price on shares of Metro and gave the company a neutral rating in a research report on Monday, July 23rd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €13.21 ($15.36).

Shares of ETR:B4B3 opened at €12.67 ($14.73) on Tuesday. Metro has a 12 month low of €15.12 ($17.58) and a 12 month high of €19.70 ($22.91).

About Metro

Metro AG engages in the wholesale and food retail business. As of August 2, 2018, it operated 764 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names in 25 European and Asian countries. The company's stores primarily serve hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities.

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Analyst Recommendations for Metro (ETR:B4B3)

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