Commerzbank Reiterates €15.00 Price Target for Metro (B4B3)

Metro (ETR:B4B3) received a €15.00 ($17.44) target price from stock analysts at Commerzbank in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price target would indicate a potential upside of 17.19% from the stock’s previous close.

A number of other analysts have also recently weighed in on the stock. Warburg Research set a €13.00 ($15.12) target price on shares of Metro and gave the stock a “buy” rating in a report on Wednesday, August 1st. equinet set a €17.00 ($19.77) target price on shares of Metro and gave the stock a “buy” rating in a report on Thursday, July 12th. Societe Generale set a €12.00 ($13.95) target price on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, August 2nd. JPMorgan Chase & Co. set a €12.50 ($14.53) target price on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, August 2nd. Finally, Jefferies Financial Group set a €11.20 ($13.02) target price on shares of Metro and gave the stock a “neutral” rating in a report on Monday, July 16th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company’s stock. Metro presently has an average rating of “Hold” and a consensus price target of €13.48 ($15.68).

Metro stock opened at €12.80 ($14.88) on Wednesday. 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 September 31, 2017, it operated 759 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities in 25 European and Asian countries.

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Analyst Recommendations for Metro (ETR:B4B3)

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