Metro Ag (MEO3) Given a €36.00 Price Target at Barclays PLC
A number of other research firms have also recently issued reports on MEO3. J P Morgan Chase & Co set a €30.50 ($33.89) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €28.70 ($31.89) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Friday, May 19th. BNP Paribas set a €29.00 ($32.22) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Wednesday, May 10th. DZ Bank AG reiterated a neutral rating on shares of Metro Ag in a research note on Tuesday, May 9th. Finally, Kepler Capital Markets set a €33.20 ($36.89) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Monday, May 8th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €32.92 ($36.57).
Metro Ag (MEO3) opened at 27.00 on Monday. Metro Ag has a one year low of €22.37 and a one year high of €29.85. The company has a market capitalization of €8.84 billion and a price-to-earnings ratio of 19.81. The company has a 50-day moving average price of €27.42 and a 200-day moving average price of €27.17.
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About Metro Ag
Metro AG is a Germany-based company engaged in the self-service wholesale trade sector. The Company operates through three segments: METRO Cash & Carry, Media-Saturn and Real. The METRO Cash & Carry segment operates in the wholesale business for professional customers, such as hotels and restaurants, catering firms, independent retailers, service providers and public authorities, and comprises the brands METRO and MAKRO.
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