Metro AG (ETR:B4B3) has been assigned an average rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €20.74 ($24.12).

A number of research analysts have recently commented on the stock. Sanford C. Bernstein set a €17.00 ($19.77) target price on shares of Metro AG and gave the stock a “neutral” rating in a research report on Tuesday. HSBC Holdings plc set a €18.50 ($21.51) target price on shares of Metro AG and gave the stock a “neutral” rating in a research report on Monday, August 28th. equinet AG set a €29.00 ($33.72) target price on shares of Metro AG and gave the stock a “buy” rating in a research report on Thursday, August 24th. Deutsche Bank AG set a €16.00 ($18.60) target price on shares of Metro AG and gave the stock a “neutral” rating in a research report on Monday, August 14th. Finally, Barclays PLC set a €21.00 ($24.42) target price on shares of Metro AG and gave the stock a “buy” rating in a research report on Friday, September 1st.

Metro AG (B4B3) opened at €16.65 ($19.36) on Friday. 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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About Metro AG

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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