Metro (B4B3) Given a €19.00 Price Target by Baader Bank Analysts

Baader Bank set a €19.00 ($22.62) price objective on Metro (ETR:B4B3) in a research note published on Wednesday morning. The firm currently has a buy rating on the stock.

B4B3 has been the subject of several other reports. Jefferies Group set a €17.30 ($20.60) price target on Metro and gave the company a neutral rating in a report on Thursday, December 14th. Sanford C. Bernstein set a €17.00 ($20.24) price target on Metro and gave the company a neutral rating in a report on Tuesday, December 19th. BNP Paribas set a €17.90 ($21.31) price target on Metro and gave the company a buy rating in a report on Friday, September 15th. JPMorgan Chase & Co. set a €19.00 ($22.62) price target on Metro and gave the company a neutral rating in a report on Friday, October 13th. Finally, Independent Research set a €22.00 ($26.19) price target on Metro and gave the company a buy rating in a report on Friday, October 20th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Metro has a consensus rating of Buy and an average target price of €19.80 ($23.57).

Metro (ETR B4B3) traded up €0.78 ($0.93) during trading on Wednesday, reaching €17.13 ($20.39). 5,270 shares of the company’s stock traded hands, compared to its average volume of 2,504. The firm has a market capitalization of $6,470.00 and a price-to-earnings ratio of 19.03. Metro has a 12-month low of €15.48 ($18.43) and a 12-month high of €19.70 ($23.45).

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About Metro

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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