Independent Research set a €15.20 ($17.67) price target on Metro (ETR:B4B3) in a research report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also issued research reports about the company. Baader Bank set a €14.00 ($16.28) price target on Metro and gave the company a neutral rating in a research note on Tuesday, November 19th. Berenberg Bank set a €14.40 ($16.74) price target on Metro and gave the company a neutral rating in a research report on Wednesday, September 25th. Jefferies Financial Group set a €14.70 ($17.09) price objective on Metro and gave the stock a neutral rating in a research note on Thursday, October 24th. Sanford C. Bernstein set a €13.00 ($15.12) price objective on Metro and gave the company a neutral rating in a report on Thursday, October 31st. Finally, Warburg Research set a €15.30 ($17.79) target price on shares of Metro and gave the company a neutral rating in a research note on Thursday. Three investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Metro presently has an average rating of Hold and a consensus price target of €14.12 ($16.42).
Shares of B4B3 stock remained flat at $€13.10 ($15.23) during trading hours on Friday. The stock had a trading volume of 2,724 shares, compared to its average volume of 2,620. Metro has a 52 week low of €10.57 ($12.29) and a 52 week high of €14.88 ($17.30). The company has a debt-to-equity ratio of 160.71, a current ratio of 0.86 and a quick ratio of 0.27. The stock’s 50 day moving average is €13.06 and its two-hundred day moving average is €13.07. The company has a market cap of $38.98 million and a price-to-earnings ratio of -69.31.
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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