Metro (B4B3) Given a €15.00 Price Target at Baader Bank

Metro (ETR:B4B3) received a €15.00 ($17.44) price target from equities research analysts at Baader Bank in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s target price would suggest a potential upside of 19.52% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Commerzbank set a €15.00 ($17.44) target price on shares of Metro and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Independent Research set a €15.00 ($17.44) target price on shares of Metro and gave the stock a “neutral” rating in a report on Friday, January 18th. Berenberg Bank set a €13.40 ($15.58) target price on shares of Metro and gave the stock a “neutral” rating in a report on Tuesday, February 19th. Jefferies Financial Group set a €13.50 ($15.70) target price on shares of Metro and gave the stock a “neutral” rating in a report on Friday, January 25th. Finally, Deutsche Bank set a €14.00 ($16.28) target price on shares of Metro and gave the stock a “neutral” rating in a report on Monday, February 18th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the company. Metro currently has an average rating of “Hold” and an average price target of €13.48 ($15.67).

Shares of B4B3 stock opened at €12.55 ($14.59) on Thursday. Metro has a 12-month low of €9.87 ($11.47) and a 12-month high of €14.88 ($17.30). The company has a debt-to-equity ratio of 110.02, a quick ratio of 0.29 and a current ratio of 0.92. The company has a market capitalization of $4.47 billion and a P/E ratio of 14.49.

About Metro

Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.

Featured Story: The mechanics of the bid-ask spread in trading

Analyst Recommendations for Metro (ETR:B4B3)

Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.com's FREE daily email newsletter.