Baader Bank Reiterates “€19.00” Price Target for Metro (B4B3)

Baader Bank set a €19.00 ($22.62) price target on Metro (ETR:B4B3) in a research report sent to investors on Thursday, December 28th. The firm currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. equinet set a €29.00 ($34.52) target price on Metro and gave the stock a buy rating in a research note on Friday, October 20th. Warburg Research set a €23.80 ($28.33) target price on Metro and gave the stock a buy rating in a research note on Friday, October 20th. Sanford C. Bernstein set a €17.00 ($20.24) price target on Metro and gave the stock a neutral rating in a research report on Tuesday, November 28th. Barclays set a €21.00 ($25.00) price target on Metro and gave the stock a buy rating in a research report on Monday, December 4th. Finally, JPMorgan Chase & Co. set a €10.00 ($11.90) target price on Metro and gave the company a neutral rating in a report on Monday, September 4th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Metro currently has an average rating of Buy and an average target price of €19.80 ($23.57).

Shares of Metro (ETR B4B3) opened at €16.90 ($20.12) on Thursday. The company has a market capitalization of $6,150.00 and a price-to-earnings ratio of 18.78. Metro has a 52 week low of €15.48 ($18.43) and a 52 week high of €19.70 ($23.45).

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About Metro

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 (ETR:B4B3)

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