Metro (B4B3) Given a €12.30 Price Target at Jefferies Financial Group

Jefferies Financial Group set a €12.30 ($14.30) price target on Metro (ETR:B4B3) in a research note released on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also issued reports on B4B3. Commerzbank set a €12.00 ($13.95) target price on shares of Metro and gave the stock a neutral rating in a report on Monday, August 13th. HSBC set a €11.50 ($13.37) target price on shares of Metro and gave the stock a neutral rating in a report on Monday, August 13th. Sanford C. Bernstein set a €12.40 ($14.42) target price on shares of Metro and gave the stock a neutral rating in a report on Friday, August 17th. JPMorgan Chase & Co. set a €12.50 ($14.53) target price on shares of Metro and gave the stock a neutral rating in a report on Thursday, August 23rd. Finally, Societe Generale set a €12.00 ($13.95) target price on shares of Metro and gave the stock a neutral rating in a report on Monday, August 27th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the company. Metro has an average rating of Hold and an average price target of €13.52 ($15.72).

Shares of Metro stock traded up €0.14 ($0.16) during trading hours on Thursday, reaching €11.79 ($13.71). 683 shares of the company’s stock were exchanged, compared to its average volume of 2,620. Metro has a 1 year low of €15.12 ($17.58) and a 1 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.

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Analyst Recommendations for Metro (ETR:B4B3)

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