HSBC set a €16.00 ($18.60) target price on Metro (ETR:B4B3) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also recently issued reports on B4B3. Commerzbank set a €15.00 ($17.44) target price on Metro and gave the company a neutral rating in a research note on Wednesday, April 3rd. Jefferies Financial Group raised AGCO from a hold rating to a buy rating and boosted their target price for the company from $70.00 to $90.00 in a research note on Monday, June 24th. Kepler Capital Markets set a CHF 115 target price on Nestlé and gave the company a buy rating in a research note on Tuesday, June 25th. Independent Research set a €53.00 ($61.63) target price on Daimler and gave the company a neutral rating in a research note on Monday, June 24th. Finally, Barclays set a $5.00 target price on Amneal Pharmaceuticals and gave the company a hold rating in a research note on Thursday, July 11th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the stock. Metro has a consensus rating of Hold and an average price target of €14.76 ($17.17).
Shares of B4B3 stock opened at €14.15 ($16.45) on Thursday. The company has a quick ratio of 0.25, a current ratio of 0.83 and a debt-to-equity ratio of 167.82. Metro has a fifty-two week low of €9.98 ($11.60) and a fifty-two week high of €14.88 ($17.30). The company has a 50 day moving average of €13.44. The company has a market capitalization of $42.10 million and a P/E ratio of -55.49.
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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