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Enter Symbol:
 
METRO AG (MTTRY) [hlAlert]

Rating:
Outperform
MTTRY
3 Months Gains
down 27.02 %

METRO AG (MTTRY) rated Outperform by Raymond James

Posted on: Thursday,  Mar 20, 2014  8:25 AM ET by Raymond James

METRO AG (OTCBB:
MTTRY) rated Outperform by Raymond James.

METRO AG, together with its subsidiaries, operates as a retailing company worldwide. It operates self-service wholesale stores under the Metro and Makro and C+C Schaper brand names that provides various products and services to commercial customers, including hotel and restaurant owners, catering firms, independent retailers, service providers, and public authorities. The company also operates hypermarkets that provide a range of fresh foods, including fruits, vegetables, meat, sausage, fish, and cheese; and nonfood items, such as electronic products, household goods, and textiles under the Real brand name. In addition, it engages in consumer electronics retailing and offers household goods, new media, telecommunications, computers, and photo assortments under the Media Markt and Saturn brand name, as well as provides repair, delivery, and installation services. Further, the company operates department stores that provide textiles, household goods, and food under the Galeria Kaufhof brand name. As of May 20, 2011, it operated approximately 2,100 stores in 33 countries. The company is headquartered in Dusseldorf, Germany.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2014 8:25 AM Buy
None
8.03
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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