Metro (B4B3) Given a €13.50 Price Target by HSBC Analysts

HSBC set a €13.50 ($15.70) price target on Metro (ETR:B4B3) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently issued reports on the stock. Commerzbank set a €15.00 ($17.44) price objective on shares of Metro and gave the company a neutral rating in a research report on Wednesday, April 3rd. Kepler Capital Markets set a €14.50 ($16.86) price objective on shares of Metro and gave the company a neutral rating in a research report on Thursday, May 9th. Independent Research set a €15.00 ($17.44) price objective on shares of Metro and gave the company a neutral rating in a research report on Friday, January 18th. Berenberg Bank set a €13.40 ($15.58) price objective on shares of Metro and gave the company a neutral rating in a research report on Tuesday, February 19th. Finally, Baader Bank set a €15.00 ($17.44) price objective on shares of Metro and gave the company a neutral rating in a research report on Monday, February 18th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the stock. Metro has a consensus rating of Hold and an average price target of €13.48 ($15.67).

Shares of Metro stock opened at €12.50 ($14.53) on Friday. The company has a current ratio of 0.83, a quick ratio of 0.25 and a debt-to-equity ratio of 167.82. The firm has a market cap of $4.45 billion and a price-to-earnings ratio of -48.45. Metro has a 12-month low of €9.87 ($11.47) and a 12-month high of €14.88 ($17.30).



About Metro

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.

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Analyst Recommendations for Metro (ETR:B4B3)

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