Independent Research Analysts Give Metro (ETR:B4B3) a €8.50 Price Target

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Independent Research set a €8.50 ($10.00) price target on Metro (ETR:B4B3) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently commented on B4B3. Kepler Capital Markets set a €8.90 ($10.47) target price on shares of Metro and gave the company a neutral rating in a research report on Monday, July 27th. HSBC set a €7.30 ($8.59) price target on shares of Metro and gave the company a neutral rating in a report on Monday, April 20th. Oddo Bhf set a €7.50 ($8.82) price target on shares of Metro and gave the company a sell rating in a report on Friday, July 24th. Warburg Research set a €8.50 ($10.00) price target on shares of Metro and gave the company a neutral rating in a report on Tuesday, August 4th. Finally, Barclays set a €8.50 ($10.00) target price on shares of Metro and gave the stock a neutral rating in a report on Friday, August 7th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €9.82 ($11.56).

Shares of ETR:B4B3 opened at €8.86 ($10.42) on Tuesday. The firm has a 50 day moving average of €8.89 and a 200-day moving average of €9.43. The stock has a market capitalization of $26.36 million and a PE ratio of -7.49. The company has a current ratio of 0.89, a quick ratio of 0.16 and a debt-to-equity ratio of 404.47. Metro has a 12 month low of €7.26 ($8.54) and a 12 month high of €13.70 ($16.12).

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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Analyst Recommendations for Metro (ETR:B4B3)

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