Metro AG (B4B3) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Metro AG (ETR:B4B3) have earned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is €13.21 ($15.36).

A number of analysts have recently weighed in on 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 note on Monday, September 24th. Kepler Capital Markets set a €14.40 ($16.74) price target on shares of Metro and gave the stock a “neutral” rating in a research note on Friday, September 21st. JPMorgan Chase & Co. set a €12.50 ($14.53) target price on shares of Metro and gave the company a “neutral” rating in a research note on Friday, September 21st. Jefferies Financial Group set a €12.20 ($14.19) target price on shares of Metro and gave the company a “neutral” rating in a research note on Tuesday, October 16th. Finally, Independent Research set a €15.00 ($17.44) target price on shares of Metro and gave the company a “neutral” rating in a research note on Friday, September 14th.

Shares of ETR:B4B3 opened at €12.30 ($14.31) on Friday. Metro has a twelve month low of €15.12 ($17.58) and a twelve month high of €19.70 ($22.91).



About Metro

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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Analyst Recommendations for Metro (ETR:B4B3)

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