Metro (ETR:B4B3) Given a €10.00 Price Target by Barclays Analysts

Metro (ETR:B4B3Get Rating) received a €10.00 ($10.53) price target from analysts at Barclays in a report issued on Thursday, Borsen Zeitung reports. Barclays‘s price objective indicates a potential upside of 21.21% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Berenberg Bank set a €10.10 ($10.63) target price on Metro in a research note on Monday, February 21st. HSBC set a €8.50 ($8.95) price target on Metro in a research report on Friday, April 1st. JPMorgan Chase & Co. set a €11.00 ($11.58) target price on Metro in a research report on Thursday, February 10th. Warburg Research set a €10.20 ($10.74) price target on shares of Metro in a report on Thursday, February 10th. Finally, Baader Bank set a €10.50 ($11.05) price target on shares of Metro in a research report on Friday, April 22nd.

Shares of B4B3 stock opened at €8.25 ($8.68) on Thursday. The stock has a market cap of $24.55 million and a price-to-earnings ratio of 74.32. The stock has a 50-day moving average of €8.24 and a 200-day moving average of €9.80. The company has a current ratio of 0.84, a quick ratio of 0.29 and a debt-to-equity ratio of 218.51. Metro has a 1-year low of €6.75 ($7.11) and a 1-year high of €12.30 ($12.95).

About Metro (Get Rating)

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 à 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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