Metro (ETR:B4B3) has been assigned a €21.00 ($25.00) price objective by Warburg Research in a research note issued to investors on Monday, December 18th. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target points to a potential upside of 22.16% from the stock’s current price.
Other research analysts also recently issued reports about the company. equinet set a €29.00 ($34.52) price target on Metro and gave the stock a “buy” rating in a research report on Thursday, August 31st. DZ Bank reaffirmed a “buy” rating on shares of Metro in a research report on Thursday, August 31st. BNP Paribas set a €17.90 ($21.31) price objective on Metro and gave the stock a “buy” rating in a report on Friday, September 15th. Independent Research set a €11.50 ($13.69) price objective on Metro and gave the stock a “buy” rating in a report on Monday, September 4th. Finally, set a €13.00 ($15.48) price objective on Metro and gave the stock a “buy” rating in a report on Monday, September 4th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €19.80 ($23.57).
Shares of Metro (ETR B4B3) traded down €0.13 ($0.15) during trading on Monday, reaching €17.19 ($20.46). 2,850 shares of the company were exchanged, compared to its average volume of 2,680. Metro has a one year low of €15.48 ($18.43) and a one year high of €19.70 ($23.45). The stock has a market capitalization of $6,150.00 and a P/E ratio of 19.10.
Metro Company Profile
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.
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