METRO AG/ADR (MTGGY) Cut to Underweight at JPMorgan Chase & Co.

METRO AG/ADR (OTCMKTS:MTGGY) was downgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued on Wednesday, The Fly reports.


Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns.

See Also: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?

The Fly

Receive News & Ratings for METRO AG/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for METRO AG/ADR and related companies with's FREE daily email newsletter.

Leave a Reply