Metro Ag (ETR:MEO3) has been assigned a €37.50 ($41.21) target price by equities researchers at Commerzbank AG in a research report issued on Wednesday. The brokerage presently has a a “buy” rating on the stock.

A number of other research analysts have also weighed in on MEO3. Hauck & Aufhaeuser set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research report on Tuesday, July 12th. Independent Research GmbH set a €34.00 ($37.36) price objective on Metro Ag and gave the company a “buy” rating in a research report on Tuesday, July 12th. Baader Bank set a €35.00 ($38.46) price objective on Metro Ag and gave the company a “buy” rating in a research report on Thursday, July 14th. Barclays PLC set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research report on Thursday, July 21st. Finally, Jefferies Group set a €32.00 ($35.16) price objective on Metro Ag and gave the company a “buy” rating in a research report on Thursday, July 21st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. Metro Ag presently has an average rating of “Hold” and a consensus price target of €30.40 ($33.40).

Analyst Recommendations for Metro Ag (ETR:MEO3)

Metro Ag (ETR:MEO3) opened at 25.17 on Wednesday. The stock has a market cap of €8.63 billion and a PE ratio of 8.12. Metro Ag has a 12 month low of €19.97 and a 12 month high of €26.00. The stock’s 50 day moving average price is €24.82 and its 200-day moving average price is €24.86.

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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