Commerzbank Corporates & Markets Reiterates hold on METRO AG (MEO3)
METRO AG (ETR: MEO3)‘s stock had its “hold” rating restated by equities researchers at Commerzbank Corporates & Markets in a report issued on Thursday. They currently have a $27.27 (€21) target price on the stock.
METRO AG traded down 2.55% on Thursday, hitting €23.02. METRO AG has a 1-year low of €20.30 and a 1-year high of €28.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura downgraded shares of METRO AG to a “neutral” rating in a research note to investors on Friday, November 23rd. They now have a $28.21 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated an “underperform” rating on shares of METRO AG in a research note to investors on Thursday, November 22nd. They now have a $25.64 price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of METRO AG in a research note to investors on Thursday, November 8th. They now have a $30.64 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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