Warburg Research set a €23.80 ($28.33) price objective on Metro AG (ETR:B4B3) in a research note released on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently weighed in on the company. Sanford C. Bernstein set a €17.00 ($20.24) price objective on Metro AG and gave the company a neutral rating in a research report on Tuesday, August 15th. equinet AG set a €29.00 ($34.52) price objective on Metro AG and gave the company a buy rating in a research report on Thursday, August 24th. Barclays PLC set a €23.00 ($27.38) price objective on Metro AG and gave the company a buy rating in a research report on Monday, August 7th. HSBC Holdings plc set a €18.50 ($22.02) price objective on Metro AG and gave the company a neutral rating in a research report on Monday, August 28th. Finally, Kepler Capital Markets set a €20.00 ($23.81) price objective on Metro AG and gave the company a buy rating in a research report on Tuesday, August 15th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €17.98 ($21.40).

Shares of Metro AG (ETR:B4B3) opened at 16.598 on Thursday. The company has a 50 day moving average of €17.12 and a 200-day moving average of €17.12. Metro AG has a 52 week low of €16.01 and a 52 week high of €18.70.

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About Metro AG

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 AG (ETR:B4B3)

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