Metro AG (B4B3) Receives €13.41 Consensus Price Target from Brokerages

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Metro AG (ETR:B4B3) has earned a consensus recommendation of “Hold” from the eighteen analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is €13.32 ($15.49).

B4B3 has been the subject of a number of recent research reports. Kepler Capital Markets set a €14.40 ($16.74) price target on shares of Metro and gave the company a “neutral” rating in a research report on Friday, September 14th. Jefferies Financial Group set a €12.30 ($14.30) price target on shares of Metro and gave the company a “neutral” rating in a research report on Friday, December 14th. Commerzbank set a €15.00 ($17.44) price target on shares of Metro and gave the company a “neutral” rating in a research report on Monday, October 1st. JPMorgan Chase & Co. set a €12.50 ($14.53) price target on shares of Metro and gave the company a “neutral” rating in a research report on Friday, September 21st. Finally, equinet set a €17.00 ($19.77) price target on shares of Metro and gave the company a “buy” rating in a research report on Monday, September 24th.

ETR:B4B3 opened at €10.69 ($12.43) on Friday. Metro has a 12 month low of €15.12 ($17.58) and a 12 month high of €19.70 ($22.91).

Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of August 2, 2018, it operated 764 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names in 25 European and Asian countries. The company's stores primarily serve hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities.

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Analyst Recommendations for Metro (ETR:B4B3)

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