Independent Research set a €14.80 ($17.21) price target on Metro (ETR:B4B3) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on B4B3. Warburg Research set a €15.30 ($17.79) price target on Metro and gave the stock a neutral rating in a report on Wednesday, July 24th. Berenberg Bank set a €14.40 ($16.74) price target on Metro and gave the stock a neutral rating in a report on Thursday, July 25th. Barclays set a €14.00 ($16.28) price target on Metro and gave the stock a neutral rating in a report on Wednesday, July 24th. Sanford C. Bernstein set a €16.00 ($18.60) price target on Metro and gave the stock a neutral rating in a report on Monday, July 29th. Finally, HSBC set a €16.00 ($18.60) price target on Metro and gave the stock a neutral rating in a report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. Metro currently has an average rating of Hold and an average target price of €14.76 ($17.17).
B4B3 stock opened at €12.55 ($14.59) on Monday. The company has a current ratio of 0.86, a quick ratio of 0.27 and a debt-to-equity ratio of 160.71. The firm has a market capitalization of $37.34 million and a P/E ratio of -66.40. The firm has a 50 day moving average of €13.77 and a 200-day moving average of €13.43. Metro has a 12 month low of €10.57 ($12.29) and a 12 month high of €14.88 ($17.30).
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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