Metro Ag (MEO3) Given a €26.00 Price Target at Deutsche Bank AG
A number of other research analysts have also recently commented on the company. DZ Bank AG reissued a buy rating on shares of Metro Ag in a report on Tuesday, October 4th. Commerzbank AG set a €37.50 ($41.67) price objective on Metro Ag and gave the stock a buy rating in a report on Monday, September 26th. Barclays PLC set a €30.50 ($33.89) price objective on Metro Ag and gave the stock a buy rating in a report on Wednesday, September 14th. BNP Paribas set a €26.50 ($29.44) price objective on Metro Ag and gave the stock a neutral rating in a report on Wednesday, September 14th. Finally, Sanford C. Bernstein set a €23.00 ($25.56) price objective on Metro Ag and gave the stock a sell rating in a report on Wednesday, September 7th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of €30.21 ($33.57).
Shares of Metro Ag (ETR:MEO3) opened at 24.701 on Wednesday. Metro Ag has a 12-month low of €19.97 and a 12-month high of €26.00. The company has a market cap of €8.47 billion and a PE ratio of 7.965. The company has a 50-day moving average of €24.89 and a 200 day moving average of €24.75.
Metro Ag Company Profile
Metro AG is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which is active in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores, and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium.
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