Metro (B4B3) Given a €21.00 Price Target at Warburg Research
Other research analysts have also recently issued research reports about the stock. equinet set a €29.00 ($34.52) target price on shares of Metro and gave the stock a buy rating in a report on Thursday, August 31st. DZ Bank reiterated a buy rating on shares of Metro in a research note on Thursday, August 31st. BNP Paribas set a €17.90 ($21.31) price target on shares of Metro and gave the company a buy rating in a research note on Friday, September 15th. Independent Research set a €11.50 ($13.69) price target on shares of Metro and gave the company a buy rating in a research note on Monday, September 4th. Finally, set a €13.00 ($15.48) price target on shares of Metro and gave the company a buy rating in a research note on Monday, September 4th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of €20.03 ($23.85).
Metro (B4B3) opened at €16.30 ($19.40) on Monday. Metro has a 1-year low of €15.48 ($18.43) and a 1-year high of €19.70 ($23.45).
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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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