Metro (ETR:B4B3 – Get Rating) has been given a €10.50 ($11.05) price target by equities research analysts at Baader Bank in a research note issued to investors on Thursday, Borsen Zeitung reports. Baader Bank’s target price suggests a potential upside of 27.27% from the company’s current price.
B4B3 has been the subject of a number of other research reports. HSBC set a €8.50 ($8.95) price target on Metro in a report on Friday, April 1st. Berenberg Bank set a €10.10 ($10.63) price target on Metro in a report on Monday, February 21st. Warburg Research set a €10.20 ($10.74) price target on Metro in a report on Thursday, February 10th. Barclays set a €10.00 ($10.53) price target on Metro in a report on Thursday. Finally, Jefferies Financial Group set a €9.00 ($9.47) price objective on Metro in a research note on Wednesday.
Shares of B4B3 opened at €8.25 ($8.68) on Thursday. The company has a market capitalization of $24.55 million and a P/E ratio of 74.32. Metro has a one year low of €6.75 ($7.11) and a one year high of €12.30 ($12.95). The company has a debt-to-equity ratio of 218.51, a quick ratio of 0.29 and a current ratio of 0.84. The stock has a 50-day moving average price of €8.24 and a 200 day moving average price of €9.80.
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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