Commerzbank AG Analysts Give Metro Ag (MEO3) a €37.50 Price Target

Commerzbank AG set a €37.50 ($41.21) price target on Metro Ag (ETR:MEO3) in a report published on Thursday. The firm currently has a a buy rating on the stock.

A number of other brokerages also recently issued reports on MEO3. Societe Generale set a €22.00 ($24.18) price target on Metro Ag and gave the company a sell rating in a report on Tuesday, August 2nd. Berenberg Bank set a €30.40 ($33.41) target price on Metro Ag and gave the stock a buy rating in a research note on Thursday, July 28th. Deutsche Bank AG set a €26.00 ($28.57) target price on Metro Ag and gave the stock a neutral rating in a research note on Tuesday, July 26th. Jefferies Group set a €32.00 ($35.16) target price on Metro Ag and gave the stock a buy rating in a research note on Thursday, July 21st. Finally, Barclays PLC set a €32.00 ($35.16) target price on Metro Ag and gave the stock a buy rating in a research note on Thursday, July 21st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €30.21 ($33.20).

Analyst Recommendations for Metro Ag (ETR:MEO3)

Shares of Metro Ag (ETR:MEO3) opened at 24.529 on Thursday. Metro Ag has a 12 month low of €19.97 and a 12 month high of €26.00. The company has a market capitalization of €8.41 billion and a P/E ratio of 7.910. The company has a 50-day moving average price of €24.85 and a 200-day moving average price of €24.81.

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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