METRO AG (ETR: MEO3)‘s stock had its “sell” rating reaffirmed by investment analysts at AlphaValue in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a €22.30 ($28.96) target price on the stock.
MEO3 has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “underperform” rating on shares of METRO AG in a research note to investors on Tuesday, June 4th. They now have a €24.00 ($31.17) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of METRO AG in a research note to investors on Monday, June 3rd. They now have a €30.30 ($39.35) price target on the stock. Finally, 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.
Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. METRO AG presently has a consensus rating of “Hold” and a consensus price target of €23.51 ($30.53).
METRO AG (ETR: MEO3) traded down 1.39% on Thursday, hitting €23.12. 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.
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.