BNP Paribas Analysts Give Metro Ag (MEO3) a €26.50 Price Target
MEO3 has been the subject of a number of other reports. Commerzbank AG set a €37.50 ($41.67) target price on shares of Metro Ag and gave the company a buy rating in a research report on Monday, May 30th. Bankhaus Lampe set a €34.00 ($37.78) price objective on shares of Metro Ag and gave the stock a buy rating in a research report on Tuesday, August 16th. Independent Research GmbH set a €34.00 ($37.78) price objective on shares of Metro Ag and gave the stock a buy rating in a research report on Tuesday, July 12th. Societe Generale set a €22.00 ($24.44) price objective on shares of Metro Ag and gave the stock a sell rating in a research report on Tuesday, September 6th. Finally, Kepler Capital Markets set a €26.00 ($28.89) price objective on shares of Metro Ag and gave the stock a neutral rating in a research report on Tuesday, September 6th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €30.21 ($33.57).
Shares of Metro Ag (ETR:MEO3) opened at 24.76 on Wednesday. The firm has a 50-day moving average of €25.00 and a 200 day moving average of €24.21. The stock has a market capitalization of €8.49 billion and a PE ratio of 7.98. Metro Ag has a 52-week low of €19.85 and a 52-week high of €26.00.
About Metro Ag
Metro AG is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which is active in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores, and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium.
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