Metro (B4B3) Received a €13.50 Target Price by Commerzbank Analysts

Metro (B4B3) Received a €13.50 Target Price by Commerzbank Analysts

B4B3 has been the topic of a number of other reports. HSBC set a €10.00 ($11.90) price objective on shares of Metro and gave the stock a sell rating in a research note on Monday, April 23rd. Barclays set a €21.00 ($25.00) price objective on shares of Metro and gave the stock a buy rating in a research note on Friday, March 23rd. Independent Research set a €15.70 ($18.69) price objective on shares of Metro and gave the stock a neutral rating in a research note on Thursday, April 5th. Sanford C. Bernstein set a €17.00 ($20.24) price objective on shares of Metro and gave the stock a neutral rating in a research note on Monday, January 15th. Finally, Oddo Bhf set a €16.00 ($19.05) price objective on shares of Metro and gave the stock a neutral rating in a research note on Monday, March 26th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the stock. Metro presently has an average rating of Hold and an average price target of €16.00 ($19.05).

Commerzbank set a €13.50 ($16.07) target price on Metro (ETR:B4B3) in a research note published on Tuesday morning. The firm currently has a neutral rating on the stock.

Shares of Metro stock opened at €12.70 ($15.12) on Tuesday. Metro has a 12-month low of €15.12 ($18.00) and a 12-month high of €19.70 ($23.45).

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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