Commerzbank Reiterates “€12.00” Price Target for Metro AG Preference Shares (B4B3)

Metro AG Preference Shares (ETR:B4B3) has been given a €12.00 ($13.95) price objective by research analysts at Commerzbank in a research report issued on Monday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price target indicates a potential downside of 1.64% from the company’s previous close.

Several other equities research analysts also recently weighed in on B4B3. HSBC set a €10.00 ($11.63) price target on Metro AG Preference Shares and gave the stock a “sell” rating in a report on Monday, April 23rd. equinet set a €17.00 ($19.77) price target on Metro AG Preference Shares and gave the stock a “buy” rating in a report on Thursday, July 12th. Baader Bank set a €10.00 ($11.63) price target on Metro AG Preference Shares and gave the stock a “sell” rating in a report on Wednesday, July 4th. BNP Paribas set a €11.30 ($13.14) price target on Metro AG Preference Shares and gave the stock a “neutral” rating in a report on Tuesday, July 17th. Finally, Deutsche Bank set a €12.00 ($13.95) price target on Metro AG Preference Shares and gave the stock a “neutral” rating in a report on Friday, August 3rd. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €12.93 ($15.04).

Shares of B4B3 stock opened at €12.20 ($14.19) on Monday. Metro AG Preference Shares has a 1 year low of €15.12 ($17.58) and a 1 year high of €19.70 ($22.91).

About Metro AG Preference Shares

Metro AG engages in the wholesale and food retail business. As of September 31, 2017, it operated 759 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and authorities in 25 European and Asian countries.

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Analyst Recommendations for Metro AG Preference Shares (ETR:B4B3)

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