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

Metro (ETR:B4B3) has been given a €15.00 ($17.44) target price by equities researchers at Commerzbank in a research report issued on Monday. The firm currently has a “neutral” rating on the stock. Commerzbank’s target price suggests a potential upside of 19.05% from the company’s previous close.

B4B3 has been the topic of a number of other research reports. HSBC set a €14.00 ($16.28) price objective on Metro and gave the company a “neutral” rating in a research note on Monday, September 17th. Independent Research set a €15.00 ($17.44) price objective on Metro and gave the company a “neutral” rating in a research note on Friday, September 14th. equinet set a €17.00 ($19.77) price objective on Metro and gave the company a “buy” rating in a research note on Thursday, July 12th. BNP Paribas set a €11.30 ($13.14) price objective on Metro and gave the company a “neutral” rating in a research note on Tuesday, July 17th. Finally, Sanford C. Bernstein set a €13.30 ($15.47) price objective on Metro and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of €13.21 ($15.36).

B4B3 opened at €12.60 ($14.65) on Monday. Metro has a 52 week low of €15.12 ($17.58) and a 52 week high of €19.70 ($22.91).

Metro Company Profile

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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