Analysts’ recommendations

METRO GROUP is covered by roughly 40 analysts from respected national and international banks. METRO GROUP regularly reports the respective recommendations and share price targets on its investor relations pages on the Internet. As of the end of 2012, 21 percent (previous year: 31 percent) of analysts recommended the METRO share as a buy; 55 percent (previous year: 56 percent) reduced it to “hold” and 24 percent (previous year: 13 percent) rated the share a “sell”. The median value of share price targets was €22.10 at year’s end compared with €35.00 at the end of 2011.