Metro Inc T.MRU

Alternate Symbol(s): MTRAF

Consumer Defensive Grocery Stores

Metro Inc. is a food and pharmacy retailer and distributor company. The Company, through its activities as a retailer, franchisor or distributor, and manufacturer operates or services a network of supermarkets, discount stores and pharmacies. It operates approximately 980 food stores under several banners, including Metro, Metro Plus, Super C, Food Basics, Adonis and Premiere Moisson, as well as 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners. The Metro banner, with its 328 stores including 120 Metro Plus stores in Quebec, is a supermarket chain. The Super C banner operates 103 discount stores in Quebec and offers a range of grocery products. Food Basics is a discount store providing quality products to customers in 144 locations across Ontario. Its Food Basics Pharmacy is a full-service pharmacy and offers professional services, such as health reminders and medical profiles, among others. It also provides e-commerce services.

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Metro Inc

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Post by Possibleidiot01on Nov 16, 2023 3:22pm

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Analysts

Metro (TSE:MRU) had its price target lowered by analysts at CIBC from C$80.00 to C$76.00. They now have a "neutral" rating on the stock. This represents a 8.8% upside from the current price of C$69.86.
Metro (TSE:MRU) had its price target lowered by analysts at BMO Capital Markets from C$77.00 to C$73.00. They now have a "market perform" rating on the stock. This represents a 4.5% upside from the current price of C$69.86.
Metro (TSE:MRU) had its price target lowered by analysts at Scotiabank from C$78.00 to C$77.00. They now have a "sector perform" rating on the stock. This represents a 10.2% upside from the current price of C$69.86.
Metro (TSE:MRU) had its price target lowered by analysts at Desjardins from C$77.00 to C$74.00. They now have a "hold" rating on the stock. This represents a 5.9% upside from the current price of C$69.86.
Metro (TSE:MRU) had its price target lowered by analysts at National Bankshares, Inc. from C$83.00 to C$81.00. They now have a "sector perform" rating on the stock. This represents a 15.9% upside from the current price of C$69.86.
Metro (TSE:MRU) had its price target lowered by analysts at Royal Bank of Canada from C$84.00 to C$83.00. They now have a "sector perform" rating on the stock. This represents a 18.8% upside from the current price of C$69.86.