Metro Ag (ETR:MEO3) has been given a €26.00 ($27.96) price target by equities research analysts at Deutsche Bank AG in a research report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock.
MEO3 has been the topic of a number of other research reports. DZ Bank AG reissued a “buy” rating on shares of Metro Ag in a research report on Tuesday, October 4th. Goldman Sachs Group Inc. set a €27.80 ($29.89) price objective on shares of Metro Ag and gave the stock a “neutral” rating in a research note on Wednesday, August 31st. Sanford C. Bernstein set a €23.00 ($24.73) price objective on shares of Metro Ag and gave the stock a “sell” rating in a research note on Wednesday, September 7th. Commerzbank AG set a €37.50 ($40.32) price objective on shares of Metro Ag and gave the stock a “buy” rating in a research note on Wednesday, October 19th. Finally, Barclays PLC set a €30.50 ($32.80) price objective on shares of Metro Ag and gave the stock a “buy” rating in a research note on Wednesday, September 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €30.73 ($33.04).
Shares of Metro Ag (ETR:MEO3) opened at 25.341 on Tuesday. Metro Ag has a 12-month low of €19.97 and a 12-month high of €26.00. The company has a 50 day moving average of €25.09 and a 200-day moving average of €24.93. The firm has a market cap of €8.69 billion and a PE ratio of 8.172.
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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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