Metro Ag (ETR:MEO3) has been given a €38.00 ($42.70) price target by investment analysts at equinet AG in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock.

Several other equities analysts have also recently issued reports on MEO3. Commerzbank Ag set a €37.00 ($41.57) price objective on Metro Ag and gave the company a “buy” rating in a research note on Saturday, May 20th. JPMorgan Chase & Co. set a €30.50 ($34.27) price objective on Metro Ag and gave the company a “neutral” rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €28.70 ($32.25) price objective on Metro Ag and gave the company a “neutral” rating in a research note on Friday, May 19th. Barclays PLC set a €36.00 ($40.45) price objective on Metro Ag and gave the company a “buy” rating in a research note on Monday, May 15th. Finally, BNP Paribas set a €29.00 ($32.58) price objective on Metro Ag and gave the company a “neutral” rating in a research note on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €33.00 ($37.08).

Metro Ag (ETR MEO3) traded up 0.138% during midday trading on Monday, hitting €28.252. 25 shares of the stock traded hands. The firm’s 50-day moving average is €27.44 and its 200-day moving average is €27.20. The company has a market cap of €9.25 billion and a price-to-earnings ratio of 20.728. Metro Ag has a 52-week low of €22.37 and a 52-week high of €29.85.

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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.

Analyst Recommendations for Metro Ag (ETR:MEO3)

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