A number of other equities research analysts also recently weighed in on the company. Jefferies Group set a €32.00 ($35.16) price objective on Metro Ag and gave the company a buy rating in a report on Thursday, July 21st. Morgan Stanley set a €29.00 ($31.87) price objective on Metro Ag and gave the company a neutral rating in a report on Tuesday, September 6th. Commerzbank AG set a €37.50 ($41.21) target price on Metro Ag and gave the stock a buy rating in a report on Tuesday, July 5th. Kepler Capital Markets set a €26.00 ($28.57) target price on Metro Ag and gave the stock a neutral rating in a report on Tuesday, September 6th. Finally, Goldman Sachs Group Inc. reissued a neutral rating on shares of Metro Ag in a report on Tuesday, September 6th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €30.21 ($33.20).
Shares of Metro Ag (ETR:MEO3) opened at 24.529 on Wednesday. The stock’s 50 day moving average price is €24.85 and its 200 day moving average price is €24.81. Metro Ag has a 1-year low of €19.97 and a 1-year high of €26.00. The company has a market capitalization of €8.41 billion and a price-to-earnings ratio of 7.910.
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.
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