Metro (B4B3) PT Set at €12.50 by Independent Research

Independent Research set a €12.50 ($14.88) price target on Metro (ETR:B4B3) in a report published on Tuesday morning. The firm currently has a neutral rating on the stock.

Several other research analysts have also recently weighed in on B4B3. JPMorgan Chase set a €19.00 ($22.62) price target on shares of Metro and gave the company a neutral rating in a report on Monday, January 15th. Sanford C. Bernstein set a €17.00 ($20.24) price target on shares of Metro and gave the company a neutral rating in a report on Monday, January 15th. equinet set a €29.00 ($34.52) price target on shares of Metro and gave the company a buy rating in a report on Thursday, January 18th. Commerzbank set a €22.00 ($26.19) price target on shares of Metro and gave the company a buy rating in a report on Friday, January 19th. Finally, Berenberg Bank set a €19.10 ($22.74) price target on shares of Metro and gave the company a neutral rating in a report on Friday, January 26th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €14.63 ($17.41).

Metro stock opened at €12.50 ($14.88) on Tuesday. Metro has a twelve month low of €15.12 ($18.00) and a twelve month high of €19.70 ($23.45).

About Metro

Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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