HSBC set a €16.00 ($18.60) price objective on Metro (ETR:B4B3) in a research note released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities research analysts have also recently weighed in on B4B3. Deutsche Bank set a €13.00 ($15.12) price target on shares of Metro and gave the company a sell rating in a research report on Monday, October 14th. Berenberg Bank set a €14.40 ($16.74) price objective on shares of Metro and gave the company a neutral rating in a research report on Wednesday, September 25th. Independent Research set a €15.20 ($17.67) price objective on shares of Metro and gave the company a neutral rating in a research note on Thursday, November 21st. Bank of America set a €11.50 ($13.37) target price on shares of Metro and gave the stock a sell rating in a report on Wednesday, October 9th. Finally, Warburg Research set a €15.30 ($17.79) target price on Metro and gave the stock a neutral rating in a research note on Monday, October 14th. Three equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The stock has a consensus rating of Hold and a consensus price target of €14.12 ($16.42).
B4B3 stock remained flat at $€13.10 ($15.23) during trading on Thursday. The company had a trading volume of 2,724 shares, compared to its average volume of 2,620. The stock has a 50-day moving average of €13.06 and a 200-day moving average of €13.07. 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 has a 52 week low of €10.57 ($12.29) and a 52 week high of €14.88 ($17.30). The firm has a market capitalization of $38.98 million and a price-to-earnings ratio of -69.31.
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.
Further Reading: Current Ratio
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