Jefferies Financial Group set a €13.50 ($15.70) price objective on Metro (ETR:B4B3) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
B4B3 has been the subject of several other reports. Barclays set a €14.00 ($16.28) price objective on Metro and gave the company a neutral rating in a research note on Monday, April 15th. Sanford C. Bernstein set a €12.10 ($14.07) price objective on Metro and gave the company a sell rating in a research note on Thursday. Baader Bank set a €15.00 ($17.44) price target on Metro and gave the stock a neutral rating in a research note on Tuesday, April 2nd. Independent Research set a €15.00 ($17.44) price target on Metro and gave the stock a neutral rating in a research note on Friday, January 18th. Finally, Commerzbank set a €15.00 ($17.44) price target on Metro and gave the stock a neutral rating in a research note on Wednesday, February 13th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €13.48 ($15.67).
ETR:B4B3 opened at €12.55 ($14.59) on Thursday. The company has a market capitalization of $4.47 billion and a PE ratio of -48.64. Metro has a 1 year low of €9.87 ($11.47) and a 1 year high of €14.88 ($17.30). The company has a debt-to-equity ratio of 167.82, a current ratio of 0.83 and a quick ratio of 0.25.
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.
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