Sanford C. Bernstein Analysts Give Metro Ag (MEO3) a €28.00 Price Target
A number of other equities research analysts also recently issued reports on the stock. equinet AG set a €38.00 ($43.68) target price on shares of Metro Ag and gave the company a buy rating in a report on Monday, June 26th. Nord/LB set a €36.00 ($41.38) target price on shares of Metro Ag and gave the company a buy rating in a report on Monday, June 26th. J P Morgan Chase & Co set a €30.50 ($35.06) price objective on shares of Metro Ag and gave the stock a neutral rating in a research note on Thursday, June 1st. BNP Paribas set a €29.00 ($33.33) price objective on shares of Metro Ag and gave the stock a neutral rating in a research note on Monday, June 19th. Finally, DZ Bank AG reiterated a neutral rating on shares of Metro Ag in a research note on Saturday, May 20th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of €32.56 ($37.42).
Metro Ag (ETR MEO3) opened at 28.723 on Thursday. The stock has a market cap of €9.41 billion and a PE ratio of 21.073. Metro Ag has a 52-week low of €23.53 and a 52-week high of €29.85. The company’s 50 day moving average is €27.65 and its 200-day moving average is €27.29.
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Metro Ag Company Profile
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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