Metro Ag (ETR:MEO3) received a €35.00 ($38.46) price objective from equities research analysts at Baader Bank in a note issued to investors on Tuesday. The brokerage presently has a a “buy” rating on the stock.

Other research analysts have also issued research reports about the company. Commerzbank AG set a €37.50 ($41.21) target price on Metro Ag and gave the company a “buy” rating in a research report on Monday, July 25th. Jefferies Group set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research note on Thursday, July 21st. Barclays PLC set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research note on Thursday, July 21st. Independent Research GmbH set a €34.00 ($37.36) price objective on Metro Ag and gave the company a “buy” rating in a research note on Tuesday, July 12th. Finally, Hauck & Aufhaeuser set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research note on Tuesday, July 12th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Metro Ag has a consensus rating of “Hold” and a consensus target price of €30.21 ($33.20).

Analyst Recommendations for Metro Ag (ETR:MEO3)

Metro Ag (ETR:MEO3) opened at 24.707 on Tuesday. The stock has a market cap of €8.47 billion and a P/E ratio of 7.967. 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 €24.85 and a 200-day moving average of €24.81.

About Metro Ag

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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