Sanford C. Bernstein set a €17.00 ($19.77) target price on Metro AG (ETR:B4B3) in a research note published on Tuesday morning. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also recently issued reports on the company. J P Morgan Chase & Co set a €10.00 ($11.63) price objective on Metro AG and gave the company a neutral rating in a research note on Monday, September 4th. Warburg Research set a €23.80 ($27.67) target price on Metro AG and gave the stock a buy rating in a research note on Thursday, August 31st. HSBC Holdings plc set a €18.50 ($21.51) target price on Metro AG and gave the stock a neutral rating in a research note on Monday, August 28th. Independent Research GmbH set a €11.50 ($13.37) target price on Metro AG and gave the stock a buy rating in a research note on Monday, September 4th. Finally, Barclays PLC set a €21.00 ($24.42) target price on Metro AG and gave the stock a buy rating in a research note on Friday, September 1st. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Metro AG presently has an average rating of Buy and an average target price of €20.74 ($24.12).

Metro AG (ETR:B4B3) opened at €16.87 ($19.62) on Tuesday. Metro AG has a 12 month low of €16.01 ($18.62) and a 12 month high of €19.70 ($22.91).

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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.

Analyst Recommendations for Metro AG (ETR:B4B3)

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