HSBC Holdings plc Analysts Give Metro AG (B4B3) a €18.50 Price Target
Metro AG (ETR:B4B3) has been given a €18.50 ($21.76) price objective by equities research analysts at HSBC Holdings plc in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock.
Other analysts also recently issued reports about the company. equinet AG set a €29.00 ($34.12) target price on Metro AG and gave the company a “buy” rating in a research report on Thursday, August 24th. Deutsche Bank AG set a €16.00 ($18.82) target price on Metro AG and gave the company a “neutral” rating in a research report on Monday, August 14th. Barclays PLC set a €21.00 ($24.71) target price on Metro AG and gave the company a “buy” rating in a research report on Friday, September 1st. BNP Paribas set a €17.90 ($21.06) target price on Metro AG and gave the company a “buy” rating in a research report on Friday, September 15th. Finally, DZ Bank AG reiterated a “buy” rating on shares of Metro AG in a research report on Thursday, August 31st. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €18.52 ($21.79).
Shares of Metro AG (B4B3) opened at 16.55 on Friday. The company has a 50-day moving average of €16.60 and a 200-day moving average of €16.88. Metro AG has a 12-month low of €16.01 and a 12-month high of €18.70.
Metro AG 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.
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