Deutsche Bank Reiterates “€16.50” Price Target for Metro (B4B3)

Deutsche Bank set a €16.50 ($19.64) price objective on Metro (ETR:B4B3) in a research note released on Tuesday. The firm currently has a neutral rating on the stock.

Several other research analysts also recently issued reports on B4B3. Sanford C. Bernstein set a €17.00 ($20.24) price target on shares of Metro and gave the stock a neutral rating in a research report on Tuesday, October 17th. Kepler Capital Markets set a €20.00 ($23.81) price target on shares of Metro and gave the stock a buy rating in a research report on Tuesday, August 15th. equinet set a €29.00 ($34.52) price target on shares of Metro and gave the stock a buy rating in a research report on Monday, September 25th. Barclays set a €23.00 ($27.38) price target on shares of Metro and gave the stock a buy rating in a research report on Monday, August 7th. Finally, Commerzbank set a €22.00 ($26.19) price objective on Metro and gave the stock a buy rating in a report on Thursday, October 19th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of €20.74 ($24.69).

Metro (ETR B4B3) opened at €16.55 ($19.71) on Tuesday. Metro has a 52-week low of €15.48 ($18.43) and a 52-week high of €19.70 ($23.45).

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Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 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 public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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