Other equities research analysts have also issued research reports about the company. HSBC Holdings plc set a €18.50 ($22.02) target price on Metro AG and gave the company a neutral rating in a research report on Monday, August 28th. equinet AG set a €29.00 ($34.52) target price on Metro AG and gave the company a buy rating in a research report on Thursday, August 24th. Deutsche Bank AG set a €16.00 ($19.05) target price on Metro AG and gave the company a neutral rating in a research report on Monday, August 14th. Sanford C. Bernstein set a €17.00 ($20.24) target price on Metro AG and gave the stock a neutral rating in a research note on Tuesday, August 15th. Finally, Warburg Research set a €23.80 ($28.33) target price on Metro AG and gave the stock a buy rating in a research note on Thursday, August 31st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €17.97 ($21.39).
Shares of Metro AG (B4B3) traded down 0.10% during trading on Thursday, reaching €16.65. 530 shares of the company traded hands. The firm’s 50-day moving average is €16.90 and its 200-day moving average is €17.06. Metro AG has a 12-month low of €16.01 and a 12-month high of €18.70.
About Metro AG
Metro AG engages in the wholesale and food retail business. As of March 31, 2017, it operated 751 METRO Cash & Carry wholesale stores under the METRO and MAKRO brand names serving hotel and restaurant owners, catering firms, and independent retailers, as well as service providers and public authorities in 25 European and Asian countries.
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