Sanford C. Bernstein set a €17.00 ($20.24) target price on Metro (ETR:B4B3) in a research note issued to investors on Monday morning. The brokerage currently has a neutral rating on the stock.

B4B3 has been the subject of a number of other reports. Jefferies Group set a €17.30 ($20.60) target price on shares of Metro and gave the company a neutral rating in a research report on Thursday, December 14th. JPMorgan Chase & Co. set a €19.00 ($22.62) target price on shares of Metro and gave the company a neutral rating in a research report on Friday, October 13th. Independent Research set a €22.00 ($26.19) target price on shares of Metro and gave the company a buy rating in a research report on Friday, October 20th. Deutsche Bank set a €16.50 ($19.64) target price on shares of Metro and gave the company a neutral rating in a research report on Monday, January 8th. Finally, Barclays set a €21.00 ($25.00) target price on shares of Metro and gave the company a buy rating in a research report on Monday, December 4th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of €19.80 ($23.57).

Metro (ETR B4B3) traded up €0.22 ($0.26) during trading on Monday, hitting €17.15 ($20.42). 3,843 shares of the stock were exchanged, compared to its average volume of 3,658. 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 $6,120.00 and a P/E ratio of 19.06.

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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.

Analyst Recommendations for Metro (ETR:B4B3)

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