Metro (TSE:MRU) Stock Price Expected to Rise, National Bankshares Analyst Says

Metro (TSE:MRUGet Free Report) had its price target increased by equities research analysts at National Bankshares from C$89.00 to C$94.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ target price points to a potential upside of 5.57% from the company’s current price.

A number of other analysts have also commented on MRU. UBS Group set a C$98.00 price target on shares of Metro and gave the stock a “neutral” rating in a research note on Friday, December 13th. CIBC lifted their target price on shares of Metro from C$86.00 to C$91.00 in a research report on Thursday, November 21st. Desjardins boosted their target price on shares of Metro from C$85.00 to C$95.00 in a research note on Friday, November 22nd. Finally, Royal Bank of Canada downgraded Metro from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 21st. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Metro has a consensus rating of “Hold” and an average target price of C$89.33.

View Our Latest Research Report on MRU

Metro Trading Down 1.3 %

Metro stock opened at C$89.04 on Monday. Metro has a one year low of C$67.85 and a one year high of C$94.86. The business’s fifty day moving average is C$90.22 and its 200 day moving average is C$85.39. The company has a debt-to-equity ratio of 64.18, a current ratio of 1.10 and a quick ratio of 0.41. The stock has a market capitalization of C$19.82 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 4.06 and a beta of 0.08.

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.

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Analyst Recommendations for Metro (TSE:MRU)

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