Metro (ETR:B4B3) PT Set at €16.00 by HSBC

Metro (ETR:B4B3) has been given a €16.00 ($18.60) price target by stock analysts at HSBC in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. HSBC’s price objective indicates a potential upside of 21.21% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Sanford C. Bernstein set a €13.00 ($15.12) price target on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, October 31st. Berenberg Bank set a €14.40 ($16.74) price target on shares of Metro and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Warburg Research set a €15.30 ($17.79) price target on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, December 5th. Baader Bank set a €14.00 ($16.28) price target on shares of Metro and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Finally, Bank of America set a €11.50 ($13.37) price target on shares of Metro and gave the stock a “sell” rating in a report on Wednesday, October 9th. Three analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €14.12 ($16.42).

Metro stock opened at €13.20 ($15.35) on Wednesday. Metro has a fifty-two week low of €10.57 ($12.29) and a fifty-two week high of €14.88 ($17.30). The stock has a market cap of $39.28 million and a PE ratio of -69.84. The firm’s 50-day simple moving average is €13.09 and its 200 day simple moving average is €13.08. The company has a debt-to-equity ratio of 160.71, a quick ratio of 0.27 and a current ratio of 0.86.

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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