Jefferies Financial Group Reiterates “€8.50” Price Target for Metro (ETR:B4B3)

Metro (ETR:B4B3) received a €8.50 ($10.00) price target from stock analysts at Jefferies Financial Group in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective indicates a potential downside of 21.30% from the stock’s current price.

B4B3 has been the topic of several other reports. Independent Research set a €8.10 ($9.53) target price on shares of Metro and gave the company a “sell” rating in a report on Thursday, April 22nd. Warburg Research set a €9.00 ($10.59) target price on shares of Metro and gave the company a “neutral” rating in a report on Wednesday, April 21st. Baader Bank set a €8.00 ($9.41) price target on shares of Metro and gave the company a “sell” rating in a research note on Wednesday, April 21st. Berenberg Bank set a €9.00 ($10.59) price target on shares of Metro and gave the company a “neutral” rating in a research note on Friday, February 12th. Finally, Barclays set a €7.70 ($9.06) price target on shares of Metro and gave the company a “neutral” rating in a research note on Friday, February 12th. Three equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €8.64 ($10.16).

B4B3 stock traded up €0.30 ($0.35) during mid-day trading on Tuesday, hitting €10.80 ($12.71). The stock had a trading volume of 393 shares, compared to its average volume of 2,620. The company has a current ratio of 0.85, a quick ratio of 0.47 and a debt-to-equity ratio of 266.22. Metro has a 52 week low of €8.04 ($9.46) and a 52 week high of €13.00 ($15.29). The firm has a market capitalization of $32.14 million and a P/E ratio of 6.56. The firm has a fifty day simple moving average of €10.80 and a 200 day simple moving average of €10.36.

Metro Company Profile

Metro AG engages in the food wholesale business. It operates 678 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities in Europe and Asia. The company also develops digital solutions and offers food delivery services.

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Analyst Recommendations for Metro (ETR:B4B3)

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