Metro Ag (MEO3) PT Set at €0.00 by Independent Research GmbH

Metro Ag (ETR:MEO3) has been assigned a €0.00 ($0.00) target price by analysts at Independent Research GmbH in a research note issued on Friday, July 14th. The brokerage currently has a “buy” rating on the stock.

A number of other research analysts also recently issued reports on MEO3. Deutsche Bank AG set a €27.00 ($31.76) price target on Metro Ag and gave the company a “neutral” rating in a report on Thursday, July 13th. Sanford C. Bernstein set a €28.00 ($32.94) target price on Metro Ag and gave the company a “neutral” rating in a report on Thursday, July 13th. HSBC Holdings plc set a €36.00 ($42.35) target price on Metro Ag and gave the company a “buy” rating in a report on Tuesday, July 11th. Kepler Capital Markets set a €33.60 ($39.53) price objective on Metro Ag and gave the stock a “buy” rating in a research note on Thursday, June 29th. Finally, Commerzbank Ag set a €37.00 ($43.53) target price on Metro Ag and gave the stock a “buy” rating in a research report on Thursday, June 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €32.93 ($38.74).

Shares of Metro Ag (ETR MEO3) traded up 0.000% during trading on Friday, hitting €28.723. The company had a trading volume of 810 shares. The firm has a market capitalization of €9.41 billion and a P/E ratio of 21.073. Metro Ag has a 1-year low of €23.53 and a 1-year high of €29.85. The company’s 50 day moving average is €27.65 and its 200 day moving average is €27.29.

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About Metro Ag

Metro AG, also known as Ceconomy AG, is a Germany-based company primarily engaged in the consumer electronics retail. The Company operates through four brand names: MediaMarkt, Saturn, redcoon.de and JUKE!. Under the MediaMarkt and Saturn brand names, the Company sells television sets, personal computers and tablets, smartphones, consoles and computer games, music players, household appliances, small kitchen appliances, outdoor equipment, drones and navigation devices, among others.

Analyst Recommendations for Metro Ag (ETR:MEO3)

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