Metro (ETR:B4B3) PT Set at €15.20 by Independent Research

Independent Research set a €15.20 ($17.67) target price on Metro (ETR:B4B3) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also commented on the stock. Deutsche Bank set a €13.00 ($15.12) price objective on shares of Metro and gave the stock a sell rating in a report on Monday, October 14th. HSBC set a €16.00 ($18.60) target price on shares of Metro and gave the stock a neutral rating in a research note on Thursday. Bank of America set a €11.50 ($13.37) target price on Metro and gave the stock a sell rating in a report on Wednesday, October 9th. Jefferies Financial Group set a €14.70 ($17.09) target price on Metro and gave the stock a neutral rating in a report on Thursday, October 24th. Finally, Warburg Research set a €15.30 ($17.79) price target on Metro and gave the company a neutral rating in a research note on Thursday. Three analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €14.12 ($16.42).

B4B3 remained flat at $€13.10 ($15.23) during trading on Friday. 2,724 shares of the company’s stock were exchanged, compared to its average volume of 2,620. The stock has a market capitalization of $38.98 million and a P/E ratio of -69.31. Metro has a 1 year low of €10.57 ($12.29) and a 1 year high of €14.88 ($17.30). The company has a debt-to-equity ratio of 160.71, a quick ratio of 0.27 and a current ratio of 0.86. The company’s 50 day moving average price is €13.06 and its two-hundred day moving average price is €13.07.

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.

Read More: What Does a Sell-Side Analyst Rating Mean?

Analyst Recommendations for Metro (ETR:B4B3)

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