Baader Bank set a €14.00 ($16.28) target price on Metro (ETR:B4B3) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other brokerages also recently commented on B4B3. Berenberg Bank set a €14.40 ($16.74) price objective on Metro and gave the stock a neutral rating in a research note on Thursday, July 25th. HSBC set a €16.00 ($18.60) price objective on Metro and gave the stock a neutral rating in a research note on Thursday, July 25th. Warburg Research set a €15.30 ($17.79) price objective on Metro and gave the stock a neutral rating in a research note on Wednesday, July 24th. Jefferies Financial Group set a €14.70 ($17.09) price objective on Metro and gave the stock a neutral rating in a research note on Monday, August 12th. Finally, Independent Research set a €14.80 ($17.21) price target on Metro and gave the stock a neutral rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. Metro presently has a consensus rating of Hold and an average price target of €14.75 ($17.15).
Shares of B4B3 opened at €12.75 ($14.83) on Monday. The company has a market cap of $37.94 million and a P/E ratio of -67.46. The stock has a fifty day moving average price of €13.00 and a 200 day moving average price of €13.24. The company has a debt-to-equity ratio of 160.71, a current ratio of 0.86 and a quick ratio of 0.27. Metro has a 12 month low of €10.57 ($12.29) and a 12 month high of €14.88 ($17.30).
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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