Baader Bank Analysts Give Metro AG Preference Shares (B4B3) a €10.00 Price Target

Baader Bank set a €10.00 ($11.63) price objective on Metro AG Preference Shares (ETR:B4B3) in a research report released on Friday. The brokerage currently has a sell rating on the stock.

Several other analysts have also recently weighed in on the company. BNP Paribas set a €14.00 ($16.28) price target on Metro AG Preference Shares and gave the company a neutral rating in a report on Thursday, June 7th. Societe Generale set a €12.00 ($13.95) price target on Metro AG Preference Shares and gave the company a neutral rating in a report on Monday, August 27th. JPMorgan Chase & Co. set a €12.50 ($14.53) price target on Metro AG Preference Shares and gave the company a neutral rating in a report on Thursday, August 23rd. Sanford C. Bernstein set a €13.30 ($15.47) price target on Metro AG Preference Shares and gave the company a neutral rating in a report on Thursday, May 24th. Finally, Commerzbank set a €12.00 ($13.95) price target on Metro AG Preference Shares and gave the company a neutral rating in a report on Monday, August 13th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €13.30 ($15.47).

B4B3 traded down €0.05 ($0.06) during trading on Friday, reaching €12.64 ($14.69). 9,492 shares of the company were exchanged, compared to its average volume of 2,620. Metro AG Preference Shares has a 12-month low of €15.12 ($17.58) and a 12-month 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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