Metro AG (B4B3) Given Consensus Rating of “Hold” by Brokerages

Shares of Metro AG (ETR:B4B3) have earned an average recommendation of “Hold” from the nineteen brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is €13.43 ($15.62).

B4B3 has been the topic of a number of recent analyst reports. equinet set a €17.00 ($19.77) price target on shares of Metro and gave the stock a “buy” rating in a research note on Thursday, July 12th. Warburg Research set a €13.00 ($15.12) price target on shares of Metro and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Commerzbank set a €13.50 ($15.70) price target on shares of Metro and gave the stock a “neutral” rating in a research note on Monday, July 2nd. Societe Generale set a €12.00 ($13.95) price objective on shares of Metro and gave the stock a “neutral” rating in a research report on Monday, June 11th. Finally, Jefferies Financial Group set a €11.20 ($13.02) price objective on shares of Metro and gave the stock a “neutral” rating in a research report on Monday, July 16th.

ETR:B4B3 traded down €0.07 ($0.08) during trading hours on Tuesday, reaching €12.78 ($14.86). 74 shares of the company were exchanged, compared to its average volume of 2,620. Metro has a 52-week low of €15.12 ($17.58) and a 52-week high of €19.70 ($22.91).

About Metro

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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Analyst Recommendations for Metro (ETR:B4B3)

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