Metro Ag (MEO3) PT Set at €37.50 by Commerzbank AG
Metro Ag (ETR:MEO3) received a €37.50 ($41.67) target price from stock analysts at Commerzbank AG in a note issued to investors on Monday. The brokerage presently has a a “buy” rating on the stock.
MEO3 has been the topic of a number of other research reports. Baader Bank set a €33.00 ($36.67) price objective on shares of Metro Ag and gave the stock a “buy” rating in a report on Friday, June 3rd. Deutsche Bank AG set a €26.00 ($28.89) price objective on shares of Metro Ag and gave the stock a “neutral” rating in a report on Tuesday, September 6th. Macquarie reissued a “buy” rating and set a target price on shares of Metro Ag in a research note on Tuesday, May 24th. Sanford C. Bernstein set a €23.00 ($25.56) target price on shares of Metro Ag and gave the company a “sell” rating in a research note on Wednesday, September 7th. Finally, Bank of America Corp. set a €35.00 ($38.89) target price on shares of Metro Ag and gave the company a “buy” rating in a research note on Monday, June 27th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Metro Ag has a consensus rating of “Hold” and an average target price of €30.21 ($33.57).
Shares of Metro Ag (ETR:MEO3) opened at 24.924 on Monday. The stock has a market cap of €8.55 billion and a PE ratio of 8.037. Metro Ag has a 1-year low of €19.85 and a 1-year high of €26.00. The stock has a 50 day moving average of €24.99 and a 200 day moving average of €24.32.
Metro Ag Company Profile
Metro AG is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which is active in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores, and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium.
Receive News & Ratings for Metro Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Ag and related companies with MarketBeat.com's FREE daily email newsletter.