Metro (B4B3) Given a €22.00 Price Target at Commerzbank

Commerzbank set a €22.00 ($27.16) price objective on Metro (ETR:B4B3) in a research note published on Tuesday. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also commented on the stock. Warburg Research set a €21.00 ($25.93) price objective on shares of Metro and gave the stock a buy rating in a research note on Monday, December 18th. Baader Bank set a €22.00 ($27.16) price objective on shares of Metro and gave the stock a buy rating in a research note on Wednesday, October 25th. Sanford C. Bernstein set a €17.00 ($20.99) price objective on shares of Metro and gave the stock a neutral rating in a research note on Monday, October 30th. set a €18.50 ($22.84) price objective on shares of Metro and gave the stock a neutral rating in a research note on Monday, October 23rd. Finally, JPMorgan Chase & Co. set a €19.00 ($23.46) price objective on shares of Metro and gave the stock a neutral rating in a research note on Tuesday, December 19th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Metro presently has a consensus rating of Buy and a consensus price target of €19.61 ($24.21).

Shares of Metro (ETR:B4B3) opened at €17.40 ($21.48) on Tuesday. Metro has a 52 week low of €15.48 ($19.11) and a 52 week high of €19.70 ($24.32). The company has a market cap of $6,370.00 and a PE ratio of 19.33.

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About Metro

Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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