Metro (B4B3) Given a €21.00 Price Target by Barclays Analysts

Barclays set a €21.00 ($25.00) target price on Metro (ETR:B4B3) in a research report released on Wednesday. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the company. BNP Paribas set a €17.90 ($21.31) price objective on Metro and gave the stock a buy rating in a research report on Friday, September 15th. equinet set a €29.00 ($34.52) price objective on Metro and gave the stock a buy rating in a research report on Friday, October 20th. Commerzbank set a €22.00 ($26.19) price objective on Metro and gave the stock a buy rating in a research report on Thursday, October 19th. Kepler Capital Markets set a €20.20 ($24.05) price objective on Metro and gave the stock a buy rating in a research report on Tuesday, October 17th. Finally, Independent Research set a €22.00 ($26.19) price objective on Metro and gave the stock a buy rating in a research report on Friday, October 20th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of €19.80 ($23.57).

Metro (ETR:B4B3) traded down €0.13 ($0.15) during mid-day trading on Wednesday, reaching €17.19 ($20.46). 2,850 shares of the company traded hands, compared to its average volume of 2,680. Metro has a 1 year low of €15.48 ($18.43) and a 1 year high of €19.70 ($23.45). The company has a market cap of $6,150.00 and a PE ratio of 19.10.

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About Metro

Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 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 public authorities in 25 European and Asian countries.

Analyst Recommendations for Metro (ETR:B4B3)

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