Jefferies Financial Group Reiterates €8.50 Price Target for Metro (ETR:B4B3)

Jefferies Financial Group set a €8.50 ($10.00) target price on Metro (ETR:B4B3) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also weighed in on the stock. Oddo Bhf set a €7.50 ($8.82) price objective on shares of Metro and gave the stock a sell rating in a report on Friday, July 24th. Barclays set a €8.50 ($10.00) target price on shares of Metro and gave the stock a neutral rating in a research note on Friday, August 7th. Warburg Research set a €8.50 ($10.00) target price on shares of Metro and gave the stock a neutral rating in a research note on Monday, August 24th. Kepler Capital Markets set a €8.90 ($10.47) target price on shares of Metro and gave the stock a neutral rating in a research note on Monday, July 27th. Finally, Berenberg Bank set a €9.00 ($10.59) target price on shares of Metro and gave the stock a neutral rating in a research note on Tuesday, August 18th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €9.88 ($11.62).

Shares of B4B3 opened at €8.82 ($10.38) on Monday. The firm has a market cap of $26.24 million and a price-to-earnings ratio of -96.92. The company has a debt-to-equity ratio of 287.21, a quick ratio of 0.50 and a current ratio of 0.90. Metro has a fifty-two week low of €7.26 ($8.54) and a fifty-two week high of €13.70 ($16.12). The firm has a 50 day moving average price of €8.85 and a 200-day moving average price of €8.94.

Metro Company Profile

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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Analyst Recommendations for Metro (ETR:B4B3)

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