Metro (OTCMKTS:MTRAF) Shares Cross Below Two Hundred Day Moving Average of $54.11

Metro Inc. (OTCMKTS:MTRAF – Get Rating) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $54.11 and traded as low as $51.85. Metro shares last traded at $51.85, with a volume of 267 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MTRAF shares. Scotiabank increased their price objective on Metro from C$77.00 to C$79.00 in a report on Thursday, November 17th. Royal Bank of Canada increased their price objective on Metro from C$75.00 to C$76.00 in a report on Thursday, November 17th. BMO Capital Markets downgraded Metro from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 31st. National Bank Financial increased their price objective on Metro from C$79.00 to C$80.00 in a report on Wednesday, January 25th. Finally, CIBC increased their price objective on Metro from C$72.00 to C$76.00 in a report on Wednesday, January 25th.

Metro Trading Up 0.2 %

The company has a fifty day moving average of $54.38 and a two-hundred day moving average of $54.10.

About Metro

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Metro, Inc retails and distributes food and pharmacy products. It operates a network of supermarkets, discount stores and drugstores. The company was founded on December 22, 1947 and is headquartered in Montréal, Canada.