Metro (B4B3) PT Set at €17.00 by HSBC

Metro (ETR:B4B3) has been assigned a €17.00 ($20.99) price objective by research analysts at HSBC in a report issued on Thursday. The firm currently has a “buy” rating on the stock. HSBC’s target price indicates a potential upside of 19.10% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. JPMorgan Chase set a €17.50 ($21.60) price target on shares of Metro and gave the company a “neutral” rating in a research report on Wednesday, February 14th. Barclays set a €21.00 ($25.93) price target on shares of Metro and gave the company a “buy” rating in a research report on Thursday, December 14th. Sanford C. Bernstein set a €17.00 ($20.99) price target on shares of Metro and gave the company a “neutral” rating in a research report on Monday, January 8th. Independent Research set a €21.00 ($25.93) price target on shares of Metro and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, Baader Bank set a €22.00 ($27.16) price target on shares of Metro and gave the company a “buy” rating in a research report on Wednesday, December 13th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €18.85 ($23.27).

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Metro stock opened at €14.27 ($17.62) on Thursday. Metro has a 12-month low of €15.12 ($18.67) and a 12-month high of €19.70 ($24.32).

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Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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