Metro (ETR:B4B3) has been assigned a €15.00 ($17.44) price objective by investment analysts at Commerzbank in a note issued to investors on Monday, November 12th. The firm currently has a “neutral” rating on the stock. Commerzbank’s price objective indicates a potential upside of 29.53% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Warburg Research set a €13.00 ($15.12) price target on shares of Metro and gave the company a “buy” rating in a report on Wednesday, August 1st. equinet set a €17.00 ($19.77) price target on shares of Metro and gave the company a “buy” rating in a report on Friday, August 3rd. Sanford C. Bernstein set a €13.30 ($15.47) price target on shares of Metro and gave the company a “neutral” rating in a report on Thursday, August 2nd. Kepler Capital Markets set a €12.00 ($13.95) price objective on shares of Metro and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Finally, Jefferies Financial Group set a €11.20 ($13.02) price objective on shares of Metro and gave the company a “neutral” rating in a research note on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €13.52 ($15.72).
B4B3 traded down €0.07 ($0.08) during trading hours on Monday, reaching €11.58 ($13.47). 2,507 shares of the stock traded hands, compared to its average volume of 2,620. Metro has a fifty-two week low of €15.12 ($17.58) and a fifty-two week high of €19.70 ($22.91).
Metro Company Profile
Metro AG engages in the wholesale and food retail business. As of August 2, 2018, it operated 764 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names in 25 European and Asian countries. The company's stores primarily serve hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities.
Further Reading: Cash Flow
Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.com's FREE daily email newsletter.