Metro (ETR:B4B3) Given a €14.80 Price Target at Independent Research

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Independent Research set a €14.80 ($17.21) price target on Metro (ETR:B4B3) in a report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also commented on B4B3. Berenberg Bank set a €14.40 ($16.74) price target on shares of Metro and gave the company a neutral rating in a research note on Thursday, July 25th. HSBC set a €16.00 ($18.60) price target on shares of Metro and gave the company a neutral rating in a research note on Thursday, July 25th. Barclays set a €14.00 ($16.28) price target on shares of Metro and gave the company a neutral rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. set a €11.50 ($13.37) price target on shares of Metro and gave the company a sell rating in a research note on Monday, June 24th. Finally, Jefferies Financial Group set a €13.50 ($15.70) price objective on shares of Metro and gave the company a neutral rating in a research note on Monday, June 24th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the stock. Metro presently has a consensus rating of Hold and an average price target of €14.76 ($17.17).

Shares of ETR:B4B3 opened at €12.65 ($14.71) on Monday. The company has a 50 day moving average price of €13.80. Metro has a 52 week low of €10.57 ($12.29) and a 52 week high of €14.88 ($17.30). The firm has a market capitalization of $37.64 million and a price-to-earnings ratio of -66.93. The company has a quick ratio of 0.27, a current ratio of 0.86 and a debt-to-equity ratio of 160.71.

About Metro

Metro AG engages in the wholesale and food retail business. It operates 771 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. The company also develops digital solutions.

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Analyst Recommendations for Metro (ETR:B4B3)

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