Metro (B4B3) Given a €12.30 Price Target by Jefferies Financial Group Analysts

Metro (ETR:B4B3) received a €12.30 ($14.30) price objective from Jefferies Financial Group in a research note issued on Thursday. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 0.65% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Kepler Capital Markets set a €14.40 ($16.74) price target on shares of Metro and gave the stock a “neutral” rating in a research report on Friday, September 14th. equinet set a €17.00 ($19.77) price target on shares of Metro and gave the stock a “buy” rating in a research report on Monday, September 17th. Sanford C. Bernstein set a €12.40 ($14.42) price target on shares of Metro and gave the stock a “neutral” rating in a research report on Friday, August 17th. HSBC set a €11.50 ($13.37) price objective on shares of Metro and gave the stock a “neutral” rating in a report on Monday, August 13th. Finally, Societe Generale set a €12.00 ($13.95) price objective on shares of Metro and gave the stock a “neutral” rating in a report on Monday, August 27th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €13.52 ($15.72).

Metro stock opened at €12.38 ($14.40) on Thursday. Metro has a 1 year low of €15.12 ($17.58) and a 1 year 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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