Metro Ag (MEO3) PT Set at €35.00 by Baader Bank

Metro Ag (ETR:MEO3) received a €35.00 ($38.89) target price from equities research analysts at Baader Bank in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock.

Other research analysts have also recently issued reports about the company. equinet AG set a €38.00 ($42.22) price objective on Metro Ag and gave the company a “buy” rating in a research report on Friday, March 31st. Commerzbank Ag set a €37.00 ($41.11) price objective on Metro Ag and gave the company a “buy” rating in a research report on Tuesday, March 14th. Barclays PLC set a €36.00 ($40.00) price objective on Metro Ag and gave the company a “buy” rating in a research report on Monday, May 15th. HSBC Holdings plc set a €36.00 ($40.00) price objective on Metro Ag and gave the company a “buy” rating in a research report on Monday, May 22nd. Finally, Warburg Research set a €36.00 ($40.00) price objective on Metro Ag and gave the company a “buy” rating in a research report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €32.92 ($36.57).

Analyst Recommendations for Metro Ag (ETR:MEO3)

Metro Ag (ETR:MEO3) opened at 28.258 on Friday. Metro Ag has a 52-week low of €22.37 and a 52-week high of €29.85. The company has a 50 day moving average of €27.44 and a 200 day moving average of €27.20. The company has a market capitalization of €9.25 billion and a PE ratio of 20.732.

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Metro Ag Company Profile

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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