Metro (ETR:B4B3) Given a €9.20 Price Target at Independent Research

Independent Research set a €9.20 ($10.82) price objective on Metro (ETR:B4B3) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms also recently commented on B4B3. Berenberg Bank set a €9.00 ($10.59) price target on shares of Metro and gave the stock a neutral rating in a research note on Tuesday, August 18th. Barclays set a €8.50 ($10.00) price target on shares of Metro and gave the stock a neutral rating in a research note on Friday, August 7th. Warburg Research set a €8.50 ($10.00) target price on shares of Metro and gave the stock a neutral rating in a research note on Monday. Oddo Bhf set a €7.50 ($8.82) target price on shares of Metro and gave the stock a sell rating in a research note on Friday, July 24th. Finally, Baader Bank set a €8.00 ($9.41) target price on shares of Metro and gave the stock a sell rating in a research note on Monday. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €9.88 ($11.62).

Shares of Metro stock opened at €8.88 ($10.45) on Tuesday. Metro has a 1 year low of €7.26 ($8.54) and a 1 year high of €13.70 ($16.12). The firm has a market cap of $26.42 million and a PE ratio of -97.58. The company has a debt-to-equity ratio of 287.21, a current ratio of 0.90 and a quick ratio of 0.50. The company has a 50 day simple moving average of €8.85 and a two-hundred day simple moving average of €8.95.

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.

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Analyst Recommendations for Metro (ETR:B4B3)

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