Metro Ag (MEO3) Given a €38.00 Price Target at equinet AG
Metro Ag (ETR:MEO3) received a €38.00 ($41.76) target price from equities research analysts at equinet AG in a research report issued on Saturday. The brokerage currently has a “buy” rating on the stock.
MEO3 has been the topic of a number of other reports. Kepler Capital Markets set a €33.20 ($36.48) price target on Metro Ag and gave the stock a “neutral” rating in a research report on Monday, May 8th. Oddo Securities set a €38.00 ($41.76) price target on Metro Ag and gave the stock a “buy” rating in a research report on Monday, January 30th. Baader Bank set a €35.00 ($38.46) price target on Metro Ag and gave the stock a “buy” rating in a research report on Friday, February 3rd. HSBC Holdings plc set a €36.00 ($39.56) price target on 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) price target on Metro Ag and gave the stock a “sell” rating in a research report on Tuesday, February 28th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €32.96 ($36.22).
Shares of Metro Ag (ETR:MEO3) traded up 0.21% on Friday, hitting €27.75. The stock had a trading volume of 400 shares. The company has a market capitalization of €9.10 billion and a price-to-earnings ratio of 36.32. Metro Ag has a 52 week low of €22.37 and a 52 week high of €29.85. The company has a 50-day moving average of €26.83 and a 200 day moving average of €26.80.
ILLEGAL ACTIVITY WARNING: This report was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/05/20/metro-ag-meo3-given-a-38-00-price-target-at-equinet-ag.html.
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.
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.