Metro AG Preference Shares (B4B3) Given a €11.50 Price Target at HSBC

HSBC set a €11.50 ($13.37) price target on Metro AG Preference Shares (ETR:B4B3) in a research report released on Friday. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently issued reports on B4B3. Baader Bank set a €14.00 ($16.28) price target on Metro AG Preference Shares and gave the stock a neutral rating in a research report on Monday, April 23rd. JPMorgan Chase & Co. set a €15.50 ($18.02) price target on Metro AG Preference Shares and gave the stock a neutral rating in a research report on Monday, April 23rd. Sanford C. Bernstein set a €17.00 ($19.77) price target on Metro AG Preference Shares and gave the stock a neutral rating in a research report on Friday, April 20th. Commerzbank set a €18.50 ($21.51) price target on Metro AG Preference Shares and gave the stock a buy rating in a research report on Friday, April 20th. Finally, Independent Research set a €15.70 ($18.26) price target on Metro AG Preference Shares and gave the stock a neutral rating in a research report on Thursday, April 5th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €12.93 ($15.04).

Shares of Metro AG Preference Shares opened at €12.09 ($14.06) on Friday, MarketBeat.com reports. Metro AG Preference Shares has a 52 week low of €15.12 ($17.58) and a 52 week high of €19.70 ($22.91).

About Metro AG Preference Shares

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.

Further Reading: Market Capitalization – What it Means for Investors

Analyst Recommendations for Metro AG Preference Shares (ETR:B4B3)

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

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit