Deutsche Bank AG Analysts Give Metro Ag (MEO3) a €26.00 Price Target
Several other research firms have also issued reports on MEO3. Baader Bank set a €35.00 ($38.89) price target on Metro Ag and gave the stock a buy rating in a research report on Tuesday, August 2nd. Commerzbank AG set a €37.50 ($41.67) price target on Metro Ag and gave the stock a buy rating in a research report on Monday, July 25th. DZ Bank AG restated a buy rating on shares of Metro Ag in a research report on Tuesday, October 4th. Societe Generale set a €22.00 ($24.44) price target on Metro Ag and gave the stock a sell rating in a research report on Friday, June 17th. Finally, BNP Paribas set a €26.50 ($29.44) target price on Metro Ag and gave the stock a neutral rating in a report on Tuesday, August 9th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of €30.21 ($33.57).
Metro Ag (ETR:MEO3) opened at 24.821 on Wednesday. Metro Ag has a 12 month low of €19.97 and a 12 month high of €26.00. The firm has a 50-day moving average price of €24.88 and a 200 day moving average price of €24.75. The firm has a market capitalization of €8.51 billion and a price-to-earnings ratio of 8.004.
About Metro Ag
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.