Metro AG (B4B3) Given Consensus Recommendation of “Hold” by Analysts

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Metro AG (ETR:B4B3) has earned an average recommendation of “Hold” from the eighteen research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is €13.59 ($15.81).

A number of brokerages have commented on B4B3. Jefferies Financial Group set a €13.50 ($15.70) price target on shares of Metro and gave the company a “neutral” rating in a research note on Friday, January 25th. Barclays set a €11.40 ($13.26) price target on shares of Metro and gave the company a “neutral” rating in a research note on Thursday, October 25th. Baader Bank set a €10.00 ($11.63) price target on shares of Metro and gave the company a “sell” rating in a research note on Thursday, October 25th. Independent Research set a €15.00 ($17.44) price target on shares of Metro and gave the company a “neutral” rating in a research note on Tuesday, October 30th. Finally, Kepler Capital Markets set a €14.50 ($16.86) price target on shares of Metro and gave the company a “neutral” rating in a research note on Monday, January 21st.

B4B3 stock traded down €0.06 ($0.07) during midday trading on Monday, reaching €14.59 ($16.96). 5,073 shares of the company’s stock traded hands, 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).

Metro Company Profile

Metro AG engages in the wholesale and food retail business. As of September 30, 2018, it operated through 769 stores network. The company operates its stores under the METRO/MAKRO Cash & Carry name in 35 countries primarily serving the needs of hotels, restaurants, and caterers, as well as independent traders.

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Analyst Recommendations for Metro (ETR:B4B3)

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