Metro (B4B3) Given a €22.00 Price Target by Baader Bank Analysts
A number of other research analysts also recently issued reports on B4B3. Sanford C. Bernstein set a €17.00 ($20.24) price target on Metro and gave the company a neutral rating in a report on Tuesday, October 17th. Kepler Capital Markets set a €20.00 ($23.81) price target on Metro and gave the company a buy rating in a report on Tuesday, August 15th. Deutsche Bank set a €16.00 ($19.05) price target on Metro and gave the company a neutral rating in a report on Monday, August 14th. equinet set a €29.00 ($34.52) price target on Metro and gave the company a buy rating in a report on Monday, September 25th. Finally, Barclays set a €21.00 ($25.00) price target on Metro and gave the company a buy rating in a report on Monday. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Metro currently has a consensus rating of Buy and an average price target of €20.74 ($24.69).
Shares of Metro (ETR B4B3) traded up €0.12 ($0.14) during trading hours on Thursday, hitting €16.68 ($19.85). The stock had a trading volume of 1,758 shares, compared to its average volume of 2,521. Metro has a twelve month low of €15.48 ($18.43) and a twelve month high of €19.70 ($23.45).
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Metro Company Profile
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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