Metro (TSE:MRU - Free Report) had its price objective raised by Scotiabank from C$98.00 to C$100.00 in a research report released on Thursday morning,BayStreet.CA reports.
Other analysts also recently issued reports about the stock. Desjardins boosted their target price on shares of Metro from C$85.00 to C$95.00 in a report on Friday, November 22nd. CIBC boosted their price objective on Metro from C$86.00 to C$91.00 in a research note on Thursday, November 21st. UBS Group set a C$98.00 price objective on Metro and gave the company a "neutral" rating in a research note on Friday, December 13th. National Bankshares boosted their target price on Metro from C$89.00 to C$94.00 and gave the company a "sector perform" rating in a research report on Monday, January 13th. Finally, Royal Bank of Canada downgraded Metro from a "moderate buy" rating to a "hold" rating in a research report on Thursday, November 21st. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of C$93.56.
Get Our Latest Research Report on Metro
Metro Price Performance
MRU traded up C$0.19 during trading hours on Thursday, hitting C$91.00. The company's stock had a trading volume of 350,162 shares, compared to its average volume of 383,539. The stock has a market cap of C$20.26 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 4.06 and a beta of 0.08. The business's 50-day moving average price is C$91.21 and its 200-day moving average price is C$86.51. The company has a current ratio of 1.10, a quick ratio of 0.41 and a debt-to-equity ratio of 64.18. Metro has a 12 month low of C$68.12 and a 12 month high of C$94.86.
Metro Company Profile
(
Get Free Report)
Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.
Read More
Before you consider Metro, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metro wasn't on the list.
While Metro currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
