Jefferies Financial Group Reiterates €14.70 Price Target for Metro (ETR:B4B3)

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Jefferies Financial Group set a €14.70 ($17.09) price objective on Metro (ETR:B4B3) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also weighed in on B4B3. Independent Research set a €14.80 ($17.21) price objective on shares of Metro and gave the company a neutral rating in a research report on Monday. Barclays set a €14.00 ($16.28) price objective on shares of Metro and gave the company a neutral rating in a research report on Wednesday, July 24th. JPMorgan Chase & Co. set a €11.50 ($13.37) price target on shares of Metro and gave the stock a sell rating in a research report on Monday, June 24th. Deutsche Bank set a €16.00 ($18.60) price target on shares of Metro and gave the stock a neutral rating in a research report on Wednesday, July 24th. Finally, Baader Bank set a €14.00 ($16.28) price target on shares of Metro and gave the stock a neutral rating in a research report on Thursday, August 8th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. Metro has an average rating of Hold and a consensus price target of €14.76 ($17.17).

ETR:B4B3 opened at €12.65 ($14.71) on Monday. The firm has a 50 day moving average price of €13.80. The company has a current ratio of 0.86, a quick ratio of 0.27 and a debt-to-equity ratio of 160.71. The firm has a market capitalization of $37.64 million and a price-to-earnings ratio of -66.93. Metro has a 1-year low of €10.57 ($12.29) and a 1-year high of €14.88 ($17.30).

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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