METRO (ETR:MEO) Rating Reaffirmed
Recently, In analysts note shared with investors and clients on 28 November, METRO (ETR:MEO) shares have had their Hold Rating has decided to reaffirm by investment advisers at Deutsche Bank AG, who currently has a EUR 28.00 TP on company. This target by Deutsche Bank AG gives the possibile downside of -11.03% from the last stock close.
From a total of 11 analysts covering METRO (ETR:MEO) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 55% of the ratings are positive. The highest target price is €38.60 while the lowest target price is €24. The mean of all analyst targets is €32.16 with a 2.13% above today’s (€31.49) stock price. METRO was the topic of 23 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on November 28 with “Hold” rating. Societe Generale downgraded shares to “Sell” rating and €24 target share price in a report from an October 20. HSBC upgraded MEO stock in a recent report from November 26 to “Buy” rating. Warburg Research maintained the rating on October 16. Warburg Research has a “Hold” rating and a €31 price target on shares. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on an October 21.
The stock increased 0.59% or EUR 0.19 on November 27, striking EUR 31.49. Approximately 660,687 shares of stock traded hands. METRO AG (ETR:MEO) has 0.00% since September 11, 2014 and is . It has outperformed by 0.89% the S&P500.
Metro AG is a Germany-based holding firm and international retailing company. The company has a market cap of 10.27 billion EUR. It operates numerous outlets in various countries in Europe, Africa and Asia. It has 213.86 P/E ratio. The Firm operates a portfolio of sales brands, which offers a range of services for private and commercial customers.