Metro Ag (ETR:MEO3) has been given a €34.00 ($36.56) price target by research analysts at Nord/LB in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock.

Several other equities analysts have also recently weighed in on MEO3. BNP Paribas set a €26.50 ($28.49) price target on shares of Metro Ag and gave the stock a “neutral” rating in a research note on Tuesday, August 9th. Independent Research GmbH set a €34.00 ($36.56) price target on shares of Metro Ag and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Deutsche Bank AG set a €26.00 ($27.96) price target on shares of Metro Ag and gave the stock a “neutral” rating in a research note on Wednesday, August 3rd. Kepler Capital Markets set a €26.00 ($27.96) price target on shares of Metro Ag and gave the stock a “neutral” rating in a research note on Tuesday, August 2nd. Finally, Bankhaus Lampe set a €34.00 ($36.56) price target on shares of Metro Ag and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €30.73 ($33.04).

Analyst Recommendations for Metro Ag (ETR:MEO3)

Metro Ag (ETR:MEO3) opened at 25.30 on Tuesday. The firm has a market capitalization of €8.67 billion and a PE ratio of 8.16. The company’s 50-day moving average is €24.98 and its 200 day moving average is €24.91. Metro Ag has a 1-year low of €19.97 and a 1-year high of €26.00.

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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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