Trading Report: The Metro Ag (MEO3) PT Set at €26.00 by Deutsche Bank AG

The Metro Ag (MEO3) PT Set at €26.00 by Deutsche Bank AG

Metro Ag (ETR:MEO3) has been assigned a €26.00 ($28.89) price target by Deutsche Bank AG in a report released on Wednesday. The brokerage currently has a a “neutral” rating on the stock.

MEO3 has been the subject of a number of other research reports. Bankhaus Lampe set a €34.00 ($37.78) target price on shares of Metro Ag and gave the stock a “buy” rating in a research report on Tuesday, August 16th. Independent Research GmbH set a €34.00 ($37.78) target price on shares of Metro Ag and gave the stock a “buy” rating in a research report on Tuesday, July 12th. Societe Generale set a €22.00 ($24.44) target price on shares of Metro Ag and gave the stock a “sell” rating in a research report on Tuesday, September 6th. Kepler Capital Markets set a €26.00 ($28.89) target price on shares of Metro Ag and gave the stock a “neutral” rating in a research report on Tuesday, September 6th. Finally, Hauck & Aufhaeuser set a €32.00 ($35.56) target price on shares of Metro Ag and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. Metro Ag currently has an average rating of “Hold” and a consensus price target of €30.21 ($33.57).

Metro Ag (ETR:MEO3) opened at 24.838 on Wednesday. The firm has a 50-day moving average of €24.90 and a 200-day moving average of €24.73. The firm has a market cap of €8.52 billion and a price-to-earnings ratio of 8.010. Metro Ag has a one year low of €19.97 and a one year high of €26.00.

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