Metro (B4B3) PT Set at €16.00 by Kepler Capital Markets
Metro (ETR:B4B3) received a €16.00 ($19.75) target price from equities research analysts at Kepler Capital Markets in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 13.88% from the stock’s current price.
Several other equities analysts have also commented on B4B3. Warburg Research set a €21.00 ($25.93) price target on shares of Metro and gave the company a “buy” rating in a research note on Monday, December 18th. JPMorgan Chase set a €19.00 ($23.46) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Tuesday, December 19th. Sanford C. Bernstein set a €17.00 ($20.99) target price on shares of Metro and gave the stock a “neutral” rating in a research report on Tuesday, December 19th. Barclays set a €21.00 ($25.93) target price on shares of Metro and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Finally, Baader Bank set a €19.00 ($23.46) target price on shares of Metro and gave the stock a “buy” rating in a research report on Thursday, December 28th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €18.71 ($23.10).
Shares of Metro stock opened at €14.05 ($17.35) on Tuesday. Metro has a 52 week low of €15.12 ($18.67) and a 52 week high of €19.70 ($24.32).
Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.
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