Sanford C. Bernstein Analysts Give Metro (ETR:B4B3) a €11.50 Price Target
Sanford C. Bernstein set a €11.50 ($13.37) target price on Metro (ETR:B4B3) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other analysts also recently issued research reports about the company. Baader Bank set a €13.30 ($15.47) price target on Metro and gave the company a neutral rating in a research note on Friday, December 13th. Bank of America set a €11.50 ($13.37) price target on Metro and gave the company a sell rating in a research note on Wednesday, October 9th. Deutsche Bank set a €13.00 ($15.12) target price on Metro and gave the company a sell rating in a research report on Monday, October 14th. Independent Research set a €15.20 ($17.67) target price on Metro and gave the company a neutral rating in a research report on Monday, December 16th. Finally, Jefferies Financial Group set a €14.70 ($17.09) target price on Metro and gave the company a neutral rating in a research report on Wednesday, December 11th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of €14.04 ($16.33).
B4B3 opened at €13.10 ($15.23) on Wednesday. The business’s 50-day moving average price is €13.21 and its two-hundred day moving average price is €13.21. Metro has a 1 year low of €11.75 ($13.66) and a 1 year high of €14.88 ($17.30). The company has a market capitalization of $38.98 million and a price-to-earnings ratio of -37.75. The company has a debt-to-equity ratio of 123.18, a current ratio of 0.93 and a quick ratio of 0.24.
Metro AG engages in the wholesale and food retail business. It operates 771 wholesale stores under the METRO and MAKRO brands primarily serving the needs of hotels, restaurants, catering companies, and independent retailers, as well as service providers and authorities. The company also develops digital solutions.
Further Reading: Balanced Fund
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