Sanford C. Bernstein Reiterates €12.40 Price Target for Metro (B4B3)

Sanford C. Bernstein set a €12.40 ($14.42) price objective on Metro (ETR:B4B3) in a report issued on Thursday. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the stock. equinet set a €17.00 ($19.77) price target on shares of Metro and gave the stock a buy rating in a research report on Thursday, July 12th. Warburg Research set a €13.00 ($15.12) price target on shares of Metro and gave the stock a buy rating in a research report on Wednesday, August 1st. Jefferies Financial Group set a €11.20 ($13.02) price target on shares of Metro and gave the stock a neutral rating in a research report on Monday, July 16th. Barclays set a €10.80 ($12.56) price target on shares of Metro and gave the stock a neutral rating in a research report on Monday, July 16th. Finally, JPMorgan Chase & Co. set a €12.50 ($14.53) price target on shares of Metro and gave the stock a neutral rating in a research report on Thursday, July 12th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. Metro has an average rating of Hold and a consensus target price of €13.21 ($15.36).

ETR:B4B3 traded up €0.78 ($0.91) during mid-day trading on Thursday, reaching €12.30 ($14.31). 86 shares of the company’s stock were exchanged, compared to its average volume of 2,620. Metro has a one year low of €15.12 ($17.58) and a one year high of €19.70 ($22.91).



Metro Company Profile

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.

Further Reading: Return on Investment (ROI) Defined, Explained

Analyst Recommendations for Metro (ETR:B4B3)

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