Metro (ETR:B4B3) PT Set at €14.80 by Independent Research
Independent Research set a €14.80 ($17.21) target price on Metro (ETR:B4B3) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts have also recently commented on B4B3. Jefferies Financial Group set a €13.50 ($15.70) price target on Metro and gave the stock a neutral rating in a research report on Monday, June 24th. HSBC set a €16.00 ($18.60) price objective on Metro and gave the stock a neutral rating in a research note on Thursday, July 25th. Berenberg Bank set a €14.40 ($16.74) price objective on Metro and gave the stock a neutral rating in a research note on Thursday, July 25th. Warburg Research set a €15.30 ($17.79) price objective on Metro and gave the stock a neutral rating in a research note on Wednesday, July 24th. Finally, Kepler Capital Markets set a €16.00 ($18.60) price objective on Metro and gave the stock a neutral rating in a research note on Tuesday, June 25th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €14.76 ($17.17).
Shares of B4B3 opened at €12.55 ($14.59) on Monday. The company has a debt-to-equity ratio of 160.71, a quick ratio of 0.27 and a current ratio of 0.86. Metro has a one year low of €10.57 ($12.29) and a one year high of €14.88 ($17.30). The stock has a market capitalization of $37.34 million and a price-to-earnings ratio of -66.40. The stock has a 50 day moving average price of €13.77 and a 200 day moving average price of €13.43.
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.
Featured Article: Price to Earnings Ratio (PE), For Valuing Stocks
Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.com's FREE daily email newsletter.