Sanford C. Bernstein Reiterates “€17.00” Price Target for Metro AG (B4B3)

Sanford C. Bernstein set a €17.00 ($19.77) price target on Metro AG (ETR:B4B3) in a research note released on Monday, October 30th. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also weighed in on B4B3. equinet AG set a €29.00 ($33.72) price objective on Metro AG and gave the company a buy rating in a research note on Friday, October 20th. Warburg Research set a €23.80 ($27.67) price objective on Metro AG and gave the stock a buy rating in a report on Friday, October 20th. Baader Bank set a €22.00 ($25.58) price target on Metro AG and gave the company a buy rating in a report on Wednesday, October 25th. J P Morgan Chase & Co set a €10.00 ($11.63) price target on Metro AG and gave the company a neutral rating in a report on Monday, September 4th. Finally, Kepler Capital Markets set a €20.00 ($23.26) target price on Metro AG and gave the stock a buy rating in a research report on Tuesday, August 15th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of €20.74 ($24.12).

Shares of Metro AG (ETR:B4B3) traded up €0.23 ($0.27) on Monday, hitting €16.75 ($19.48). The stock had a trading volume of 1,722 shares, compared to its average volume of 3,003. Metro AG has a 12-month low of €16.01 ($18.62) and a 12-month high of €19.70 ($22.91).

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Metro AG Company Profile

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro AG (ETR:B4B3)

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