BNP Paribas Analysts Give Metro Ag (MEO3) a €29.00 Price Target

BNP Paribas set a €29.00 ($31.87) price objective on Metro Ag (ETR:MEO3) in a report published on Wednesday, May 10th. The firm currently has a neutral rating on the stock.

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).

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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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