Metro (B4B3) PT Set at €12.90 by Sanford C. Bernstein

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Metro (ETR:B4B3) has been given a €12.90 ($15.00) target price by investment analysts at Sanford C. Bernstein in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective points to a potential downside of 11.02% from the company’s current price.

A number of other equities research analysts have also recently commented on B4B3. Jefferies Financial Group set a €13.50 ($15.70) price objective on shares of Metro and gave the stock a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. set a €12.50 ($14.53) price target on shares of Metro and gave the company a “neutral” rating in a research note on Tuesday. Barclays set a €13.50 ($15.70) price target on shares of Metro and gave the company a “neutral” rating in a research note on Tuesday. 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 Friday, February 8th. Finally, Baader Bank set a €13.00 ($15.12) price target on shares of Metro and gave the company a “neutral” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €13.72 ($15.96).

Shares of ETR B4B3 opened at €14.50 ($16.86) on Tuesday. Metro has a 12 month low of €15.12 ($17.58) and a 12 month 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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