Sanford C. Bernstein Analysts Give Metro (B4B3) a €17.00 Price Target

Metro (ETR:B4B3) has been given a €17.00 ($20.24) target price by analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday, December 19th. The brokerage presently has a “neutral” rating on the stock. Sanford C. Bernstein’s price target points to a potential upside of 1.47% from the company’s current price.

A number of other brokerages have also weighed in on B4B3. JPMorgan Chase & Co. set a €10.00 ($11.90) target price on shares of Metro and gave the company a “neutral” rating in a research note on Monday, September 4th. Warburg Research set a €23.80 ($28.33) target price on shares of Metro and gave the company a “buy” rating in a research note on Thursday, August 31st. set a €18.50 ($22.02) target price on shares of Metro and gave the company a “neutral” rating in a research note on Monday, August 28th. Baader Bank set a €22.00 ($26.19) price objective on Metro and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Finally, Barclays set a €21.00 ($25.00) price objective on Metro and gave the stock a “buy” rating in a research note on Friday, September 1st. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of €19.80 ($23.57).

Shares of Metro (ETR:B4B3) traded down €0.43 ($0.51) during midday trading on Tuesday, reaching €16.75 ($19.95). 8,770 shares of the company were exchanged, compared to its average volume of 3,323. Metro has a 52 week low of €15.48 ($18.43) and a 52 week high of €19.70 ($23.45). The stock has a market cap of $5,940.00 and a price-to-earnings ratio of 18.62.

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About Metro

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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