A number of other brokerages have also commented on MEO3. DZ Bank AG reaffirmed a neutral rating on shares of Metro Ag in a report on Tuesday, May 9th. Jefferies Group LLC set a €33.00 ($36.26) price objective on Metro Ag and gave the company a neutral rating in a report on Monday, May 8th. Kepler Capital Markets set a €33.20 ($36.48) price objective on Metro Ag and gave the company a neutral rating in a report on Monday, May 8th. Sanford C. Bernstein set a €28.00 ($30.77) price objective on Metro Ag and gave the company a neutral rating in a report on Thursday, May 4th. Finally, equinet AG set a €38.00 ($41.76) price objective on Metro Ag and gave the company a buy rating in a report on Friday, March 31st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €32.96 ($36.22).
TRADEMARK VIOLATION WARNING: This piece of content was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/05/20/metro-ag-meo3-pt-set-at-29-00-by-bnp-paribas-updated.html.
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.
Receive News & Ratings for Metro Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Ag and related companies with MarketBeat.com's FREE daily email newsletter.