Metro (B4B3) Given a €13.50 Price Target by Barclays Analysts

Barclays set a €13.50 ($15.70) price target on Metro (ETR:B4B3) in a research note issued to investors on Tuesday. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also commented on the stock. Jefferies Financial Group set a €12.30 ($14.30) price objective on shares of Metro and gave the company a neutral rating in a research note on Friday, December 14th. Kepler Capital Markets set a €14.40 ($16.74) price objective on shares of Metro and gave the company a neutral rating in a research note on Thursday, November 8th. equinet set a €17.00 ($19.77) price objective on shares of Metro and gave the company a buy rating in a research note on Tuesday, November 27th. Commerzbank set a €15.00 ($17.44) price objective on shares of Metro and gave the company a neutral rating in a research note on Monday, November 5th. Finally, JPMorgan Chase & Co. set a €12.50 ($14.53) price objective on shares of Metro and gave the company a neutral rating in a research note on Thursday, January 17th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €13.59 ($15.81).

B4B3 opened at €14.65 ($17.03) on Tuesday. Metro has a fifty-two week low of €15.12 ($17.58) and a fifty-two week high of €19.70 ($22.91).

About Metro

Metro AG engages in the wholesale and food retail business. As of September 30, 2018, it operated through 769 stores network. The company operates its stores under the METRO/MAKRO Cash & Carry name in 35 countries primarily serving the needs of hotels, restaurants, and caterers, as well as independent traders.

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Analyst Recommendations for Metro (ETR:B4B3)

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