Metro (B4B3) Given a €13.00 Price Target by Deutsche Bank Analysts

Metro (B4B3) Given a €13.00 Price Target by Deutsche Bank Analysts

Metro (ETR:B4B3) received a €13.00 ($15.12) price objective from Deutsche Bank in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 2.36% from the company’s previous close.

B4B3 has been the subject of a number of other research reports. Jefferies Financial Group set a €13.50 ($15.70) target price on shares of Metro and gave the stock a “neutral” rating in a research note on Friday, January 25th. Warburg Research set a €15.30 ($17.79) price target on shares of Metro and gave the company a “neutral” rating in a research note on Wednesday, February 13th. Commerzbank set a €15.00 ($17.44) price target on shares of Metro and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Independent Research set a €15.50 ($18.02) price target on shares of Metro and gave the company a “neutral” rating in a research note on Thursday, February 14th. Finally, Kepler Capital Markets set a €14.50 ($16.86) price target on shares of Metro and gave the company a “neutral” rating in a research note on Monday, January 21st. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €13.54 ($15.74).

Shares of ETR B4B3 opened at €12.70 ($14.77) on Friday. Metro has a twelve month low of €9.87 ($11.47) and a twelve month high of €14.88 ($17.30). The firm has a market cap of $4.52 billion and a P/E ratio of 14.67. The company has a quick ratio of 0.29, a current ratio of 0.92 and a debt-to-equity ratio of 110.02.

About Metro

Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.

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