Kepler Capital Markets set a €0.00 ($0.00) price objective on Metro Ag (ETR:MEO3) in a research note published on Monday, July 17th. The brokerage currently has a buy rating on the stock.
Several other research analysts have also issued reports on MEO3. HSBC Holdings plc set a €36.00 ($41.86) target price on shares of Metro Ag and gave the stock a buy rating in a research note on Monday, May 22nd. Warburg Research set a €36.00 ($41.86) target price on shares of Metro Ag and gave the stock a buy rating in a research note on Friday, June 9th. J P Morgan Chase & Co set a €30.50 ($35.47) target price on shares of Metro Ag and gave the stock a neutral rating in a research note on Saturday, May 20th. Sanford C. Bernstein set a €28.00 ($32.56) target price on shares of Metro Ag and gave the stock a neutral rating in a research note on Thursday, May 25th. Finally, equinet AG set a €38.00 ($44.19) target price on shares of Metro Ag and gave the stock a buy rating in a research note on Friday, March 31st. Three analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €32.56 ($37.86).
Metro Ag (MEO3) traded up 0.000% during midday trading on Monday, reaching €28.723. 810 shares of the company traded hands. Metro Ag has a 12-month low of €23.53 and a 12-month high of €29.85. The stock has a market capitalization of €9.41 billion and a P/E ratio of 21.073. The company has a 50 day moving average of €27.65 and a 200-day moving average of €27.29.
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About Metro Ag
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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