Commerzbank Corporates & Markets Gives hold Rating to METRO AG (MEO3)
METRO AG (ETR: MEO3)‘s stock had its “hold” rating reaffirmed by research analysts at Commerzbank Corporates & Markets in a report released on Monday. They currently have a $27.27 (€21) target price on the stock.
METRO AG traded up 0.97% on Monday, hitting €22.87. METRO AG has a 52-week low of €20.30 and a 52-week high of €28.00.
A number of other analysts have also recently weighed in on MEO3. Analysts at Nomura reiterated a “buy” rating on shares of METRO AG in a research note to investors on Friday. They now have a $36.36 price target on the stock. Separately, analysts at AlphaValue upgraded shares of METRO AG to a “buy” rating in a research note to investors on Thursday. They now have a $36.92 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of METRO AG in a research note to investors on Tuesday, October 2nd. They now have a $37.18 price target on the stock.
Metro AG is a Germany-based holding company and international retailing company. It operates over 2,100 outlets in 33 countries in Europe, Africa and Asia.
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