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METRO (ETR:MEO) was Upgraded by Analysts at DZ-Bank AG to a Buy Rating

London METRO ETR:MEO

METRO (ETR:MEO) Upgrade

DZ-Bank AG boosted Metro (ETR:MEO)’s stock to Buy rating. The ratings change was issued to investors and clients in an analyst report today.

The firm’s rating upgrade is well received by equity trades, as ETR:MEO is at the moment trading 0.39% higher at EUR 23.15 as of 16:31 Frankfurt time. METRO shares have declined -28.45% in the past 200 days, while the S&P 500 Index has declined -11.49% in the same time period.

ETR:MEO Price Chart & Trend

The stock price of METRO decreased 28.45% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, METRO is down 22.79% and down 7.11%, respectively. Our stocks momentum model is shown on the price chart below. METRO (ETR:MEO) was Upgraded by Analysts at DZ-Bank AG to a Buy Rating

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 up 0.39% on 12 February, hitting EUR 23.15. A total of 1.62 million shares of the company’s stock traded hands. This is up from average of 1.45 million shares. METRO has a 52 week low of EUR 22.74 and a 52 week high of EUR 34.81. The company has a market cap of 7.56 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) was Upgraded by Analysts at DZ-Bank AG to a Buy Rating 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) was Upgraded by Analysts at DZ-Bank AG to a Buy Rating

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