Metro (B4B3) Given a €16.50 Price Target at Deutsche Bank

Deutsche Bank set a €16.50 ($19.64) price objective on Metro (ETR:B4B3) in a research report sent to investors on Monday morning. The brokerage currently has a neutral rating on the stock.

Several other research firms have also recently weighed in on B4B3. BNP Paribas set a €17.90 ($21.31) price objective on shares of Metro and gave the company a buy rating in a report on Friday, September 15th. set a €18.50 ($22.02) price objective on shares of Metro and gave the company a neutral rating in a report on Monday, September 18th. equinet set a €29.00 ($34.52) price objective on shares of Metro and gave the company a buy rating in a report on Monday, September 25th. JPMorgan Chase & Co. set a €19.00 ($22.62) price objective on shares of Metro and gave the company a neutral rating in a report on Friday, October 13th. Finally, Sanford C. Bernstein set a €17.00 ($20.24) price objective on shares of Metro and gave the company a neutral rating in a report on Tuesday, October 17th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €19.80 ($23.57).

Shares of Metro (ETR B4B3) traded up €0.13 ($0.15) during trading on Monday, reaching €17.23 ($20.51). 2,722 shares of the company’s stock traded hands, compared to its average volume of 2,515. The stock has a market capitalization of $6,360.00 and a PE ratio of 19.14. Metro has a twelve month low of €15.48 ($18.43) and a twelve month high of €19.70 ($23.45).

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Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 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 public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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