Metro (B4B3) PT Set at €18.20 by Kepler Capital Markets
Metro (ETR:B4B3) received a €18.20 ($22.47) target price from analysts at Kepler Capital Markets in a report issued on Thursday. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price target would suggest a potential upside of 3.41% from the stock’s previous close.
B4B3 has been the topic of a number of other research reports. Warburg Research set a €21.00 ($25.93) price target on shares of Metro and gave the stock a “buy” rating in a report on Tuesday. Jefferies Group set a €17.30 ($21.36) price target on shares of Metro and gave the stock a “neutral” rating in a report on Thursday, December 14th. equinet set a €29.00 ($35.80) target price on shares of Metro and gave the company a “buy” rating in a report on Thursday, January 18th. Sanford C. Bernstein set a €17.00 ($20.99) target price on shares of Metro and gave the company a “neutral” rating in a report on Tuesday, December 19th. Finally, Barclays set a €21.00 ($25.93) target price on shares of Metro and gave the company a “buy” rating in a report on Wednesday, January 31st. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Metro has a consensus rating of “Buy” and an average target price of €19.61 ($24.21).
Shares of Metro (B4B3) opened at €17.60 ($21.73) on Thursday. The company has a market cap of $6,520.00 and a P/E ratio of 19.56. Metro has a 1-year low of €15.48 ($19.11) and a 1-year high of €19.70 ($24.32).
Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 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 authorities in 25 European and Asian countries.
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