Metro AG (B4B3) Given a €22.00 Price Target by Independent Research GmbH Analysts
Metro AG (ETR:B4B3) has been given a €22.00 ($25.88) price target by equities research analysts at Independent Research GmbH in a research note issued on Friday. The firm presently has a “buy” rating on the stock.
Other analysts have also issued reports about the company. Commerzbank Ag set a €22.00 ($25.88) price target on Metro AG and gave the company a “buy” rating in a report on Thursday. J P Morgan Chase & Co set a €19.00 ($22.35) price target on Metro AG and gave the company a “neutral” rating in a report on Friday. Warburg Research set a €23.80 ($28.00) price target on Metro AG and gave the company a “buy” rating in a report on Friday. equinet AG set a €29.00 ($34.12) price target on Metro AG and gave the company a “buy” rating in a report on Friday. Finally, HSBC Holdings plc set a €18.50 ($21.76) price target on Metro AG and gave the company a “neutral” rating in a report on Monday, August 28th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Metro AG has an average rating of “Buy” and an average target price of €20.63 ($24.27).
Shares of Metro AG (B4B3) traded up 0.680% on Friday, reaching €17.017. The company’s stock had a trading volume of 1,000 shares. The company’s 50 day moving average is €16.59 and its 200-day moving average is €16.86. Metro AG has a 1-year low of €16.01 and a 1-year 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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