Barclays Analysts Give Metro (B4B3) a €21.00 Price Target

Metro (ETR:B4B3) has been given a €21.00 ($25.00) price target by research analysts at Barclays in a research note issued on Monday. The brokerage presently has a “buy” rating on the stock. Barclays’ target price suggests a potential upside of 34.10% from the company’s previous close.

Other analysts also recently issued reports about the stock. set a €18.50 ($22.02) price target on shares of Metro and gave the company a “neutral” rating in a report on Monday, August 28th. equinet set a €29.00 ($34.52) price target on shares of Metro and gave the company a “buy” rating in a report on Thursday, August 24th. Deutsche Bank set a €16.00 ($19.05) price target on shares of Metro and gave the company a “neutral” rating in a report on Monday, August 14th. BNP Paribas set a €17.90 ($21.31) price target on shares of Metro and gave the company a “buy” rating in a report on Friday, September 15th. Finally, Sanford C. Bernstein set a €17.00 ($20.24) price target on shares of Metro and gave the company a “neutral” rating in a report on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €20.74 ($24.69).

Shares of Metro (B4B3) opened at €15.66 ($18.64) on Monday. Metro has a 52-week low of €15.48 ($18.43) and a 52-week high of €19.70 ($23.45).

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Metro 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.

Analyst Recommendations for Metro (ETR:B4B3)

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