Metro AG (ETR:B4B3) Receives €13.71 Consensus Price Target from Analysts
Shares of Metro AG (ETR:B4B3) have received an average recommendation of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is €13.71 ($15.94).
A number of brokerages recently issued reports on B4B3. Warburg Research set a €15.30 ($17.79) price target on shares of Metro and gave the company a “neutral” rating in a research report on Wednesday, February 13th. Commerzbank set a €15.00 ($17.44) price target on shares of Metro and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Independent Research set a €15.50 ($18.02) target price on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, February 14th. Deutsche Bank set a €14.00 ($16.28) price objective on shares of Metro and gave the company a “neutral” rating in a research report on Tuesday, April 30th. Finally, Jefferies Financial Group set a €13.50 ($15.70) price target on shares of Metro and gave the stock a “neutral” rating in a report on Tuesday, February 12th.
Shares of B4B3 stock opened at €12.40 ($14.42) on Friday. Metro has a 12 month low of €9.87 ($11.47) and a 12 month high of €14.88 ($17.30). The company has a debt-to-equity ratio of 167.82, a quick ratio of 0.25 and a current ratio of 0.83. The company has a market cap of $4.42 billion and a P/E ratio of -48.63.
Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.
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