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ANALYSIS FLASH: Kepler Cheuvreux resumes Metro AG with ‘Hold’

FRANKFURT (dpa-AFX) – Kepler Cheuvreux has included Metro AG (METRO (St)) in the valuation again with “Hold” and a price target of EUR 9.60. The new CEO of the retail group, Steffen Greubel, is concentrating on growth and the shift in the direction of food service, wrote the analysts of the investment bank in a study published on Wednesday. You think this is the right strategy, but you see critically that the company is still struggling to generate free cash./ck/gl

Publication of the original study: December 22nd, 2021 / Time not specified in study / GMT

First distribution of the original study: December 22nd, 2021 / time not specified in study / GMT

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Reference-www.finanzen.at

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