Sanford C. Bernstein Reiterates “€11.50” Price Target for Metro (ETR:B4B3)

Sanford C. Bernstein set a €11.50 ($13.37) target price on Metro (ETR:B4B3) in a research report report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also weighed in on B4B3. Barclays set a €13.20 ($15.35) price objective on Metro and gave the stock a neutral rating in a research report on Wednesday, March 4th. Kepler Capital Markets set a €10.00 ($11.63) price target on Metro and gave the company a neutral rating in a research note on Monday, March 16th. Berenberg Bank set a €13.90 ($16.16) price target on Metro and gave the stock a neutral rating in a report on Wednesday, February 26th. Jefferies Financial Group set a €13.50 ($15.70) price objective on Metro and gave the company a neutral rating in a research note on Wednesday, March 4th. Finally, Baader Bank set a €12.00 ($13.95) price objective on shares of Metro and gave the company a sell rating in a report on Wednesday, March 4th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €13.35 ($15.52).

Shares of ETR:B4B3 opened at €8.90 ($10.35) on Monday. Metro has a 52-week low of €7.26 ($8.44) and a 52-week high of €14.50 ($16.86). The company has a market capitalization of $26.48 million and a PE ratio of -8.51. The company has a debt-to-equity ratio of 247.33, a quick ratio of 0.20 and a current ratio of 0.92. The company has a fifty day moving average of €11.03 and a 200-day moving average of €12.52.

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.

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Analyst Recommendations for Metro (ETR:B4B3)

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