Metro Ag (MEO3) PT Set at €26.00 by Deutsche Bank AG
Metro Ag (ETR:MEO3) has been assigned a €26.00 ($28.89) price target by Deutsche Bank AG in a report released on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
MEO3 has been the subject of a number of other research reports. Bankhaus Lampe set a €34.00 ($37.78) target price 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) target price 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) target price on shares of Metro Ag and gave the stock a “sell” rating in a research report on Tuesday, September 6th. Kepler Capital Markets set a €26.00 ($28.89) target price on shares of Metro Ag and gave the stock a “neutral” rating in a research report on Tuesday, September 6th. Finally, Hauck & Aufhaeuser set a €32.00 ($35.56) target price on shares of Metro Ag and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. Metro Ag currently has an average rating of “Hold” and a consensus price target of €30.21 ($33.57).
Metro Ag (ETR:MEO3) opened at 24.838 on Wednesday. The firm has a 50-day moving average of €24.90 and a 200-day moving average of €24.73. The firm has a market cap of €8.52 billion and a price-to-earnings ratio of 8.010. Metro Ag has a one year low of €19.97 and a one year high of €26.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/12/metro-ag-meo3-pt-set-at-26-00-by-deutsche-bank-ag.html
Metro Ag Company Profile
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.
Receive News & Ratings for Metro Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Ag and related companies with MarketBeat.com's FREE daily email newsletter.