Metro Ag (MEO3) Given a €28.00 Price Target by Sanford C. Bernstein Analysts
Metro Ag (ETR:MEO3) has been given a €28.00 ($31.46) target price by analysts at Sanford C. Bernstein in a report issued on Monday. The firm presently has a “neutral” rating on the stock.
Other research analysts have also recently issued reports about the stock. equinet AG set a €38.00 ($42.70) price target on shares of Metro Ag and gave the company a “buy” rating in a research report on Friday, March 31st. Commerzbank Ag set a €37.00 ($41.57) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Tuesday, March 14th. Barclays PLC set a €36.00 ($40.45) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Monday, May 15th. HSBC Holdings plc set a €36.00 ($40.45) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Monday, May 22nd. Finally, Warburg Research set a €36.00 ($40.45) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €33.00 ($37.08).
Shares of Metro Ag (ETR:MEO3) traded up 0.28% during trading on Monday, hitting €27.60. 50 shares of the stock traded hands. The company has a 50 day moving average price of €27.40 and a 200 day moving average price of €27.13. Metro Ag has a 12 month low of €22.37 and a 12 month high of €29.85. The firm has a market cap of €9.04 billion and a price-to-earnings ratio of 20.25.
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Metro Ag Company Profile
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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