Metro (B4B3) Given a €12.40 Price Target at Barclays

Barclays set a €12.40 ($14.42) price target on Metro (ETR:B4B3) in a research report released on Thursday. The firm currently has a neutral rating on the stock.

B4B3 has been the subject of a number of other reports. JPMorgan Chase & Co. set a €12.50 ($14.53) price objective on Metro and gave the company a neutral rating in a research note on Friday, September 21st. Jefferies Financial Group set a €12.20 ($14.19) price objective on Metro and gave the company a neutral rating in a research note on Tuesday, October 16th. Baader Bank set a €10.00 ($11.63) price objective on Metro and gave the company a sell rating in a research note on Thursday, October 25th. Independent Research set a €15.00 ($17.44) price objective on Metro and gave the company a neutral rating in a research note on Tuesday, October 30th. Finally, Commerzbank set a €15.00 ($17.44) price objective on Metro and gave the company a neutral rating in a research note on Wednesday, October 17th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have issued a buy rating to the stock. Metro presently has a consensus rating of Hold and a consensus price target of €13.32 ($15.49).

Shares of ETR:B4B3 traded down €0.02 ($0.02) during mid-day trading on Thursday, reaching €12.28 ($14.27). 2,165 shares of the company traded hands, compared to its average volume of 2,620. Metro has a 52 week low of €15.12 ($17.58) and a 52 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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