Metro (B4B3) Target Price Issued at €13.50 by Barclays

Metro (B4B3) Target Price Issued at €13.50 by Barclays

Barclays set a €13.50 ($15.70) price target on Metro (ETR:B4B3) in a report published on Thursday, January 24th. The firm currently has a neutral rating on the stock.

A number of other research firms also recently commented on B4B3. Jefferies Financial Group set a €12.20 ($14.19) target price on Metro and gave the company a neutral rating in a report on Tuesday, October 16th. Baader Bank set a €10.00 ($11.63) target price on Metro and gave the company a sell rating in a report on Thursday, October 25th. Independent Research set a €15.00 ($17.44) price target on Metro and gave the stock a neutral rating in a research note on Tuesday, October 30th. Kepler Capital Markets set a €14.50 ($16.86) price target on Metro and gave the stock a neutral rating in a research note on Monday, January 21st. Finally, Commerzbank set a €15.00 ($17.44) price objective on Metro and gave the stock a neutral rating in a research report on Wednesday, October 17th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of €13.59 ($15.81).

Shares of B4B3 traded down €0.06 ($0.07) during mid-day trading on Thursday, reaching €14.59 ($16.96). 5,073 shares of the company’s stock were exchanged, compared to its average volume of 2,620. Metro has a 52-week low of €15.12 ($17.58) and a 52-week high of €19.70 ($22.91).

Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of September 30, 2018, it operated through 769 stores network. The company operates its stores under the METRO/MAKRO Cash & Carry name in 35 countries primarily serving the needs of hotels, restaurants, and caterers, as well as independent traders.

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