Metro Ag (ETR:MEO3) received a €37.00 ($40.66) price objective from stock analysts at Commerzbank Ag in a note issued to investors on Saturday. The firm currently has a “buy” rating on the stock.
A number of other analysts have also issued reports on the company. Kepler Capital Markets set a €33.20 ($36.48) target price on Metro Ag and gave the company a “neutral” rating in a report on Monday, May 8th. Baader Bank set a €35.00 ($38.46) price target on shares of Metro Ag and gave the stock a “buy” rating in a research note on Friday, February 3rd. Oddo Securities set a €38.00 ($41.76) price target on shares of Metro Ag and gave the stock a “buy” rating in a research note on Monday, January 30th. HSBC Holdings plc set a €36.00 ($39.56) target price on shares of Metro Ag and gave the stock a “buy” rating in a research report on Monday, February 6th. Finally, Morgan Stanley set a €26.00 ($28.57) target price on shares of Metro Ag and gave the stock a “sell” rating in a research report on Tuesday, February 28th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €32.96 ($36.22).
Shares of Metro Ag (ETR:MEO3) traded up 0.21% during trading on Friday, reaching €27.75. The company had a trading volume of 400 shares. The stock has a market capitalization of €9.10 billion and a PE ratio of 36.32. Metro Ag has a 12 month low of €22.37 and a 12 month high of €29.85. The stock’s 50-day moving average price is €26.83 and its 200-day moving average price is €26.80.
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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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