Barclays set a €14.00 ($16.28) target price on Metro (ETR:B4B3) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
B4B3 has been the subject of several other research reports. Kepler Capital Markets set a CHF 115 price target on Nestlé and gave the company a buy rating in a research note on Tuesday, June 25th. Baader Bank set a €15.00 ($17.44) price target on Metro and gave the company a neutral rating in a research note on Monday, June 24th. Sanford C. Bernstein raised Sprouts Farmers Market from an underperform rating to a market perform rating and set a $23.00 price target for the company in a research note on Monday, June 24th. Commerzbank set a €15.00 ($17.44) price target on Metro and gave the company a neutral rating in a research note on Wednesday, April 3rd. Finally, JPMorgan Chase & Co. set a €56.70 ($65.93) price target on Fresenius SE & Co KGaA and gave the company a buy rating in a research note on Monday, June 24th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and one has issued a buy rating to the stock. Metro has an average rating of Hold and a consensus target price of €14.53 ($16.90).
Metro stock opened at €14.30 ($16.63) on Thursday. The company has a quick ratio of 0.25, a current ratio of 0.83 and a debt-to-equity ratio of 167.82. The company has a market capitalization of $42.55 million and a P/E ratio of -56.08. Metro has a 12 month low of €9.87 ($11.47) and a 12 month high of €14.88 ($17.30). The company has a 50-day moving average price of €13.13.
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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