Barclays Reiterates €21.00 Price Target for Metro (B4B3)

Barclays set a €21.00 ($25.00) price target on Metro (ETR:B4B3) in a research report released on Wednesday. The firm currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on the stock. Sanford C. Bernstein set a €17.00 ($20.24) price objective on shares of Metro and gave the company a neutral rating in a research report on Tuesday. J P Morgan Chase & Co set a €19.00 ($22.62) price objective on shares of Metro and gave the company a neutral rating in a research report on Tuesday. Warburg Research set a €21.00 ($25.00) price objective on shares of Metro and gave the company a buy rating in a research report on Monday, December 18th. Jefferies Group set a €17.30 ($20.60) price objective on shares of Metro and gave the company a neutral rating in a research report on Thursday, December 14th. Finally, Independent Research set a €21.00 ($25.00) price objective on shares of Metro and gave the company a buy rating in a research report on Thursday, December 14th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of €20.03 ($23.85).

Metro (B4B3) opened at €16.19 ($19.27) on Wednesday. The firm has a market cap of $5,920.00 and a P/E ratio of 15.71. 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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Metro Company Profile

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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