Metro (ETR:B4B3) PT Set at €16.00 by HSBC

Metro (ETR:B4B3) received a €16.00 ($18.60) price target from investment analysts at HSBC in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. HSBC’s price objective would indicate a potential upside of 13.07% from the stock’s current price.

A number of other analysts have also commented on B4B3. Sanford C. Bernstein upgraded shares of Sprouts Farmers Market from an “underperform” rating to a “market perform” rating and set a $23.00 price target for the company in a research note on Monday, June 24th. Barclays set a $5.00 target price on shares of Amneal Pharmaceuticals and gave the stock a “hold” rating in a research note on Thursday, July 11th. Kepler Capital Markets set a CHF 115 target price on shares of Nestlé and gave the stock a “buy” rating in a research note on Tuesday, June 25th. JPMorgan Chase & Co. set a €56.70 ($65.93) target price on shares of Fresenius SE & Co KGaA and gave the stock a “buy” rating in a research note on Monday, June 24th. Finally, Jefferies Financial Group upgraded shares of AGCO from a “hold” rating to a “buy” rating and upped their target price for the stock from $70.00 to $90.00 in a research note on Monday, June 24th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the company. Metro currently 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 market cap of $42.10 million and a price-to-earnings ratio of -55.49. The company’s fifty day simple moving average is €13.44. 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 12 month low of €9.98 ($11.60) and a 12 month high of €14.88 ($17.30).

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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