Metro AG (ETR:B4B3) has been assigned a €29.00 ($34.52) price objective by equities research analysts at equinet AG in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock.

Several other analysts also recently issued reports on B4B3. Kepler Capital Markets set a €20.00 ($23.81) price objective on shares of Metro AG and gave the stock a “buy” rating in a report on Tuesday, August 15th. Deutsche Bank AG set a €16.00 ($19.05) price objective on shares of Metro AG and gave the stock a “neutral” rating in a report on Monday, August 14th. BNP Paribas set a €17.90 ($21.31) price objective on shares of Metro AG and gave the stock a “buy” rating in a report on Friday, September 15th. Barclays PLC set a €23.00 ($27.38) price objective on shares of Metro AG and gave the stock a “buy” rating in a report on Monday, August 7th. Finally, HSBC Holdings plc set a €18.50 ($22.02) price objective on shares of Metro AG and gave the stock a “neutral” rating in a report on Monday, September 18th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of €18.52 ($22.05).

Metro AG (ETR B4B3) opened at 16.262 on Monday. The firm has a 50-day moving average of €16.87 and a 200-day moving average of €17.03. Metro AG has a one year low of €16.01 and a one year high of €18.70.

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About Metro AG

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 AG (ETR:B4B3)

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