Metro Ag (MEO3) Given a €34.00 Price Target at equinet AG

equinet AG set a €34.00 ($35.79) price objective on Metro Ag (ETR:MEO3) in a research report released on Tuesday. The firm currently has a neutral rating on the stock.

Other analysts have also issued reports about the stock. Baader Bank set a €35.00 ($36.84) target price on shares of Metro Ag and gave the company a buy rating in a research note on Thursday, January 5th. Deutsche Bank AG set a €26.00 ($27.37) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Wednesday, October 12th. DZ Bank AG reissued a buy rating on shares of Metro Ag in a research note on Tuesday, October 4th. Commerzbank AG set a €37.50 ($39.47) target price on shares of Metro Ag and gave the company a buy rating in a research note on Wednesday, October 19th. Finally, Goldman Sachs Group, Inc. (The) set a €28.70 ($30.21) target price on shares of Metro Ag and gave the company a neutral rating in a research note on Thursday, December 15th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €31.49 ($33.15).

Metro Ag (ETR:MEO3) traded down 0.543% during mid-day trading on Tuesday, reaching €28.007. 749 shares of the company’s stock were exchanged. The firm has a market capitalization of €9.15 billion and a P/E ratio of 15.279. Metro Ag has a one year low of €19.97 and a one year high of €28.29. The company’s 50-day moving average is €26.46 and its 200 day moving average is €25.24.

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About Metro Ag

Metro AG is a Germany-based company engaged in the self-service wholesale trade sector. The Company operates through three segments: METRO Cash & Carry, Media-Saturn and Real. The METRO Cash & Carry segment operates in the wholesale business for professional customers, such as hotels and restaurants, catering firms, independent retailers, service providers and public authorities, and comprises the brands METRO and MAKRO.

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