Metro AG (MTTRY) Receives Consensus Rating of “Hold” from Brokerages
Metro AG (NASDAQ:MTTRY) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also given Metro AG an industry rank of 51 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Metro AG from a “sell” rating to a “hold” rating in a research note on Thursday, June 8th.
Shares of Metro AG (MTTRY) traded up 3.40% on Thursday, hitting $2.13. The stock had a trading volume of 11,465 shares. The firm has a market capitalization of $3.49 billion and a P/E ratio of 6.67. The company has a 50 day moving average of $5.23 and a 200-day moving average of $6.12. Metro AG has a 12-month low of $2.09 and a 12-month high of $6.92.
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Metro AG Company Profile
Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world, as well as offers professional consultancy services, including installation, networking, and troubleshooting in the area of digital products.
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