J P Morgan Chase & Co Analysts Give Metro (B4B3) a €19.00 Price Target

J P Morgan Chase & Co set a €19.00 ($22.62) price target on Metro (ETR:B4B3) in a report issued on Tuesday. The brokerage currently has a neutral rating on the stock.

A number of other analysts also recently commented on the company. Warburg Research set a €21.00 ($25.00) price target on Metro and gave the company a buy rating in a research report on Monday. Jefferies Group set a €17.30 ($20.60) target price on Metro and gave the stock a neutral rating in a research report on Thursday, December 14th. Barclays set a €21.00 ($25.00) target price on Metro and gave the stock a buy rating in a research report on Thursday, December 14th. Independent Research set a €21.00 ($25.00) target price on Metro and gave the stock a buy rating in a research report on Thursday, December 14th. Finally, Kepler Capital Markets set a €18.20 ($21.67) target price on Metro and gave the stock a neutral rating in a research report on Thursday, December 14th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €20.03 ($23.85).

Shares of Metro (B4B3) opened at €16.33 ($19.43) on Tuesday. Metro has a 52-week low of €15.48 ($18.43) and a 52-week high of €19.70 ($23.45).

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About Metro

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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