Metro (ETR:B4B3) PT Set at €16.00 by Sanford C. Bernstein

Metro (ETR:B4B3) received a €16.00 ($18.60) price objective from stock analysts at Sanford C. Bernstein in a research note issued on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 18.08% from the stock’s previous close.

Several other equities research analysts have also issued reports on the company. HSBC reaffirmed a “hold” rating on shares of ASOS in a research note on Thursday, July 25th. Baader Bank set a €42.00 ($48.84) price objective on Covestro and gave the company a “sell” rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. set a €56.70 ($65.93) price objective on Fresenius SE & Co KGaA and gave the company a “buy” rating in a research note on Monday, June 24th. Barclays lowered FirstCash from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 24th. They noted that the move was a valuation call. Finally, Kepler Capital Markets set a CHF 115 price objective on Nestlé and gave the company a “buy” rating in a research note on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company. Metro has an average rating of “Hold” and an average target price of €14.91 ($17.33).

ETR:B4B3 opened at €13.55 ($15.76) on Monday. The company has a market cap of $40.32 million and a price-to-earnings ratio of -71.69. Metro has a 1 year low of €9.98 ($11.60) and a 1 year high of €14.88 ($17.30). The company has a 50 day moving average of €13.78. The company has a debt-to-equity ratio of 160.71, a current ratio of 0.86 and a quick ratio of 0.27.

Metro Company Profile

Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.

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Analyst Recommendations for Metro (ETR:B4B3)

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