METRO AG Given Buy Rating at Cantor Fitzgerald (MEO3)

Cantor Fitzgerald reaffirmed their buy rating on shares of METRO AG (ETR: MEO3) in a research note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a €30.30 ($39.35) price target on the stock.

METRO AG (ETR: MEO3) traded down 1.52% on Monday, hitting €23.518. METRO AG has a 52-week low of €20.30 and a 52-week high of €28.00. The stock’s 50-day moving average is currently €23.51.

Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue reiterated a reduce rating on shares of METRO AG in a research note to investors on Thursday, May 23rd. They now have a €23.60 ($30.65) price target on the stock. Separately, analysts at Nomura reiterated a neutral rating on shares of METRO AG in a research note to investors on Tuesday, May 21st. They now have a €23.00 ($29.87) price target on the stock. Finally, analysts at Independent Research GmbH reiterated a hold rating on shares of METRO AG in a research note to investors on Friday, May 3rd. They now have a €27.00 ($35.06) price target on the stock.

Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €23.61 ($30.66).

Metro AG is a Germany-based holding company and international retailing company. It operates over 2,100 outlets in 33 countries in Europe, Africa and Asia.

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