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METRO (ETR:MEO) is Improved at Bankhaus Lampe KG to “Buy” Rating. EUR 34.00 is The TP

London METRO ETR:MEO

METRO (ETR:MEO) Rating Improved

Metro (ETR:MEO)’s stock was upgraded to “Buy” by investment analysts at Bankhaus Lampe KG, who have a target of EUR 34.00 on MEO. Bankhaus Lampe KG’s target is 37.65 % from MEO’s last price.

Despite the company’s rating upgrade ETR:MEO is now trading -6.62% lower at EUR 23.06 as of 15:50 Frankfurt time. METRO shares have decreased -26.68% in the past 200 days, while the S&P500 Index has decreased -12.19% for the same time period.

ETR:MEO Price Chart & Trend

The stock price of METRO nosedived 26.68% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, METRO is down 20.81% and down 2.27%, respectively. Our stocks momentum model is shown on the price chart below. METRO (ETR:MEO) is Improved at Bankhaus Lampe KG to "Buy" Rating. EUR 34.00 is The TP

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

MEO Stock Chart

METRO (ETR:MEO) Profile

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.

METRO (ETR:MEO) traded down -6.62% on 10 February, hitting EUR 23.06. A total of 3.12 million shares of the company’s stock traded hands. This is up from average of 1.41 million shares. METRO has a 52 week low of EUR 22.85 and a 52 week high of EUR 34.81. The company has a market cap of 7.53 billion EUR and a P/E ratio of 0.

Get the latest METRO (ETR:MEO) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post METRO (ETR:MEO) is Improved at Bankhaus Lampe KG to “Buy” Rating. EUR 34.00 is The TP appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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METRO (ETR:MEO) is Improved at Bankhaus Lampe KG to “Buy” Rating. EUR 34.00 is The TP

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