Jefferies Financial Group Analysts Give Metro (B4B3) a €12.30 Price Target
Metro (ETR:B4B3) has been given a €12.30 ($14.30) target price by investment analysts at Jefferies Financial Group in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 6.22% from the company’s current price.
A number of other research analysts have also weighed in on the stock. Barclays set a €12.40 ($14.42) price target on shares of Metro and gave the company a “neutral” rating in a research report on Wednesday, November 28th. equinet set a €17.00 ($19.77) price target on shares of Metro and gave the company a “buy” rating in a research report on Tuesday, November 27th. Commerzbank set a €15.00 ($17.44) price target on shares of Metro and gave the company a “neutral” rating in a research report on Friday, November 23rd. Sanford C. Bernstein set a €12.40 ($14.42) price target on shares of Metro and gave the company a “neutral” rating in a research report on Monday, November 19th. Finally, Baader Bank set a €14.50 ($16.86) price objective on shares of Metro and gave the stock a “neutral” rating in a report on Tuesday, November 13th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €13.52 ($15.72).
B4B3 opened at €11.58 ($13.47) on Thursday. Metro has a fifty-two week low of €15.12 ($17.58) and a fifty-two week high of €19.70 ($22.91).
Metro AG engages in the wholesale and food retail business. As of August 2, 2018, it operated 764 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names in 25 European and Asian countries. The company's stores primarily serve hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities.
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