HSBC Holdings plc Analysts Give Metro Ag (ETR:MEO3) a €36.00 Price Target
MEO3 has been the subject of a number of other research reports. DZ Bank AG reissued a neutral rating on shares of Metro Ag in a research report on Tuesday, May 9th. Sanford C. Bernstein set a €28.00 ($32.94) price target on Metro Ag and gave the stock a neutral rating in a report on Monday, June 19th. Baader Bank set a €35.00 ($41.18) target price on Metro Ag and gave the stock a buy rating in a report on Friday, June 23rd. Independent Research GmbH set a €38.00 ($44.71) target price on Metro Ag and gave the stock a buy rating in a report on Wednesday, May 31st. Finally, equinet AG set a €38.00 ($44.71) target price on Metro Ag and gave the stock a buy rating in a report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €32.93 ($38.74).
Shares of Metro Ag (ETR MEO3) traded up 0.000% during mid-day trading on Tuesday, hitting €28.723. 810 shares of the stock traded hands. The company has a market cap of €9.41 billion and a price-to-earnings ratio of 21.073. The stock has a 50-day moving average of €27.65 and a 200-day moving average of €27.29. Metro Ag has a 52 week low of €23.53 and a 52 week high of €29.85.
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Metro Ag Company Profile
Metro AG, also known as Ceconomy AG, is a Germany-based company primarily engaged in the consumer electronics retail. The Company operates through four brand names: MediaMarkt, Saturn, redcoon.de and JUKE!. Under the MediaMarkt and Saturn brand names, the Company sells television sets, personal computers and tablets, smartphones, consoles and computer games, music players, household appliances, small kitchen appliances, outdoor equipment, drones and navigation devices, among others.
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