Commerzbank Reiterates €22.00 Price Target for Metro (B4B3)

Commerzbank set a €22.00 ($26.19) price objective on Metro (ETR:B4B3) in a research note issued to investors on Friday. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. equinet set a €29.00 ($34.52) price objective on shares of Metro and gave the stock a buy rating in a research report on Friday, October 20th. Kepler Capital Markets set a €20.20 ($24.05) target price on shares of Metro and gave the stock a buy rating in a research note on Tuesday, October 17th. Independent Research set a €22.00 ($26.19) target price on shares of 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 shares of Metro and gave the stock a buy rating in a research note on Friday, October 20th. Finally, Baader Bank set a €22.00 ($26.19) target price on shares of Metro and gave the stock a buy rating in a research note on Wednesday, October 25th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Metro currently has an average rating of Buy and a consensus target price of €19.80 ($23.57).

Metro (ETR:B4B3) opened at €17.13 ($20.39) on Friday. Metro has a 52-week low of €15.48 ($18.43) and a 52-week high of €19.70 ($23.45). The company has a market capitalization of $6,020.00 and a P/E ratio of 19.03.

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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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