METRO AG Rating Reiterated by BNP Paribas (MEO3)
METRO AG (ETR: MEO3)‘s stock had its “underperform” rating reaffirmed by research analysts at BNP Paribas in a report released on Friday. They currently have a $28.00 (€21) target price on the stock.
Shares of METRO AG traded up 0.12% during mid-day trading on Friday, hitting €24.28. METRO AG has a 52 week low of €20.30 and a 52 week high of €28.00. The stock’s 50-day moving average is currently €23.51.
Other equities research analysts have also recently issued reports about the stock. Analysts at Baader Bank upgraded shares of METRO AG to a “buy” rating in a research note to investors on Tuesday. They now have a $40.00 price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of METRO AG in a research note to investors on Friday, February 8th. They now have a $33.87 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, January 31st. They now have a $34.46 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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