Metro (ETR:B4B3) Given a €13.50 Price Target by Jefferies Financial Group Analysts

Metro (ETR:B4B3) received a €13.50 ($15.70) price target from analysts at Jefferies Financial Group in a research note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price suggests a potential downside of 4.93% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. Commerzbank set a €15.00 ($17.44) price target on Metro and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Kepler Capital Markets set a €14.50 ($16.86) price objective on Metro and gave the company a “neutral” rating in a report on Thursday, May 9th. JPMorgan Chase & Co. set a €11.50 ($13.37) price objective on Metro and gave the company a “sell” rating in a report on Thursday, May 9th. Independent Research set a €14.50 ($16.86) price objective on Metro and gave the company a “neutral” rating in a report on Friday, May 10th. Finally, Sanford C. Bernstein set a €12.10 ($14.07) price objective on Metro and gave the company a “sell” rating in a report on Thursday, May 9th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. Metro currently has a consensus rating of “Hold” and an average target price of €14.53 ($16.90).

ETR:B4B3 opened at €14.20 ($16.51) on Monday. Metro has a 1 year low of €9.87 ($11.47) and a 1 year high of €14.88 ($17.30). The company has a market capitalization of $5.06 billion and a PE ratio of -55.69. The stock has a fifty day simple moving average of €12.60. The company has a debt-to-equity ratio of 167.82, a quick ratio of 0.25 and a current ratio of 0.83.

About Metro

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.

Featured Story: Cost of Equity For A Business, Investors

Analyst Recommendations for Metro (ETR:B4B3)

Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.com's FREE daily email newsletter.