Sanford C. Bernstein Analysts Give Metro Ag (MEO3) a €27.00 Price Target
Other research analysts have also recently 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 note on Monday, July 25th. Jefferies Group set a €32.00 ($35.16) target price 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) target price on Metro Ag and gave the company a buy rating in a research note on Thursday, July 21st. 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. Finally, 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. Two 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’s stock. The stock currently has a consensus rating of Hold and an average target price of €30.40 ($33.40).
Metro Ag (ETR:MEO3) opened at 25.17 on Tuesday. Metro Ag has a 52-week low of €19.97 and a 52-week high of €26.00. The firm has a 50-day moving average price of €24.82 and a 200 day moving average price of €24.86. The stock has a market cap of €8.63 billion and a PE ratio of 8.12.
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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