Today, Metro Ag (MEO3) PT Set at €27.00 by Sanford C. Bernstein

Today, Metro Ag (MEO3) PT Set at €27.00 by Sanford C. Bernstein

Metro Ag (ETR:MEO3) has been given a €27.00 ($29.03) target price by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the stock.

A number of other brokerages have also commented on MEO3. DZ Bank AG reiterated a “buy” rating on shares of Metro Ag in a research report on Tuesday, August 2nd. Commerzbank AG set a €37.50 ($40.32) target price on Metro Ag and gave the company a “buy” rating in a research report on Tuesday, August 2nd. Societe Generale set a €22.00 ($23.66) target price on Metro Ag and gave the company a “sell” rating in a research report on Tuesday, August 2nd. Berenberg Bank set a €30.40 ($32.69) target price on Metro Ag and gave the company a “buy” rating in a research report on Thursday, July 28th. Finally, Deutsche Bank AG set a €26.00 ($27.96) price objective on Metro Ag and gave the stock a “neutral” rating in a research report on Tuesday, July 26th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of €30.73 ($33.04).

Metro Ag (ETR:MEO3) traded down 0.068% on Tuesday, hitting €25.121. 326 shares of the company were exchanged. The stock’s 50-day moving average price is €25.00 and its 200-day moving average price is €24.92. The stock has a market capitalization of €8.61 billion and a P/E ratio of 8.101. Metro Ag has a 52-week low of €19.97 and a 52-week high of €26.00.

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