Metro AG (B4B3) Given a €17.90 Price Target by BNP Paribas Analysts
Metro AG (ETR:B4B3) has been given a €17.90 ($21.31) target price by equities researchers at BNP Paribas in a research note issued on Friday. The brokerage presently has a “buy” rating on the stock.
B4B3 has been the topic of several other research reports. Sanford C. Bernstein set a €17.00 ($20.24) price objective on shares of Metro AG and gave the company a “neutral” rating in a report on Thursday, August 31st. Kepler Capital Markets set a €20.00 ($23.81) price objective on shares of Metro AG and gave the company a “buy” rating in a report on Tuesday, August 15th. Barclays PLC set a €23.00 ($27.38) price objective on shares of Metro AG and gave the company a “buy” rating in a report on Monday, August 7th. J P Morgan Chase & Co set a €10.00 ($11.90) price objective on shares of Metro AG and gave the company a “neutral” rating in a report on Monday, September 4th. Finally, Deutsche Bank AG set a €16.50 ($19.64) price objective on shares of Metro AG and gave the company a “neutral” rating in a report on Friday, September 1st. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Metro AG currently has a consensus rating of “Buy” and a consensus price target of €17.97 ($21.39).
Metro AG (ETR B4B3) traded up 0.780% during mid-day trading on Friday, hitting €16.796. The company’s stock had a trading volume of 30 shares. The firm has a 50 day moving average of €16.90 and a 200-day moving average of €17.06. Metro AG has a 52-week low of €16.01 and a 52-week high of €18.70.
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About Metro AG
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.
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