Metro (TSE:MRU) Given a C$98.00 Price Target by UBS Group Analysts

Metro (TSE:MRU) has been given a C$98.00 target price by equities research analysts at UBS Group in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 5.41% from the stock’s current price.

MRU has been the topic of several other reports. National Bankshares increased their target price on Metro from C$85.00 to C$88.00 in a research report on Thursday, August 15th. Royal Bank of Canada lowered Metro from a “moderate buy” rating to a “hold” rating in a research report on Thursday, November 21st. CIBC increased their target price on Metro from C$86.00 to C$91.00 in a research report on Thursday, November 21st. Desjardins raised their price objective on Metro from C$85.00 to C$95.00 in a research report on Friday, November 22nd. Finally, BMO Capital Markets raised their price objective on Metro from C$82.00 to C$85.00 in a research report on Thursday, August 15th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Metro has a consensus rating of “Hold” and a consensus price target of C$88.67.

Metro Trading Down 0.7 %

Shares of Metro stock traded down C$0.66 during trading hours on Friday, reaching C$92.97. 109,582 shares of the company’s stock were exchanged, compared to its average volume of 451,412. Metro has a 52-week low of C$65.43 and a 52-week high of C$94.86. The firm has a market capitalization of C$20.70 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 4.06 and a beta of 0.08. The company has a fifty day moving average of C$86.88 and a 200-day moving average of C$82.61. 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 Company Profile

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.