Metro Ag (ETR:MEO3) has been assigned an average recommendation of “Buy” from the twenty research firms that are presently covering the company, AnalystRatings.Net reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is €31.67 ($34.43).

Several research firms have weighed in on MEO3. Bankhaus Lampe set a €35.00 ($38.04) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Friday, December 11th. HSBC set a €36.00 ($39.13) target price on shares of Metro Ag and gave the stock a “buy” rating in a report on Wednesday, November 25th. Kepler Capital Markets set a €32.30 ($35.11) target price on shares of Metro Ag and gave the stock a “neutral” rating in a report on Tuesday, January 12th. DZ Bank AG reiterated a “buy” rating on shares of Metro Ag in a report on Tuesday, January 12th. Finally, Warburg Research set a €31.00 ($33.70) target price on shares of Metro Ag and gave the stock a “neutral” rating in a report on Wednesday, January 13th.

Shares of Metro Ag (ETR:MEO3) traded down 0.662% during mid-day trading on Monday, reaching €23.250. 1,490 shares of the company’s stock traded hands. The company’s 50 day moving average is €23.28 and its 200-day moving average is €22.44. Metro Ag has a 52 week low of €19.65 and a 52 week high of €24.70.

Metro AG is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which is active in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores, and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium. The Company is also engaged in the real estate operations (ETR:MEO3), logistics (Metro Logistics), Information Technology (Metro Systems) and advertising services.

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