Metro (ETR:B4B3 – Get Rating) has been given a €9.00 ($9.68) price objective by equities researchers at Jefferies Financial Group in a research note issued to investors on Friday, Borsen Zeitung reports. Jefferies Financial Group’s price target points to a potential upside of 10.43% from the stock’s current price.
Several other research firms have also recently weighed in on B4B3. HSBC set a €8.50 ($9.14) price objective on shares of Metro in a report on Friday, April 1st. Barclays set a €10.00 ($10.75) price target on Metro in a research note on Thursday, February 10th. JPMorgan Chase & Co. set a €11.00 ($11.83) target price on Metro in a report on Thursday, February 10th. Kepler Capital Markets set a €9.60 ($10.32) price target on Metro in a research note on Tuesday, January 4th. Finally, Warburg Research set a €10.20 ($10.97) price objective on shares of Metro in a research note on Thursday, February 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of €9.90 ($10.65).
Shares of ETR:B4B3 opened at €8.15 ($8.76) on Friday. Metro has a 1 year low of €6.75 ($7.26) and a 1 year high of €12.30 ($13.23). The stock’s fifty day moving average price is €8.67 and its 200-day moving average price is €10.11. The company has a market cap of $24.25 million and a P/E ratio of 73.42. The company has a debt-to-equity ratio of 218.51, a current ratio of 0.84 and a quick ratio of 0.29.
Metro AG engages in the food wholesale business. It operates 748 wholesale stores and supply depots under the METRO, MAKRO, Aviludo, Classic Fine Foods, Davigel Spain, Pro Ã Pro, and Rungis Express brand names serving hotels, restaurants, bars, cafes, catering companies, small grocery stores, kiosks, independent retailers, service providers, and authorities in Europe, Russia, and Asia, as well as online marketplace METRO MARKETS.
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