Metro, Inc. (TSE:MRU) had its price objective upped by analysts at Barclays PLC from C$44.00 to C$45.00 in a report released on Tuesday. Barclays PLC’s price target points to a potential upside of 5.19% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Raymond James Financial, Inc. reduced their price target on Metro from C$52.00 to C$48.00 and set an “outperform” rating on the stock in a report on Wednesday, August 16th. National Bank Financial reduced their price target on Metro from C$48.00 to C$47.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 16th. Scotiabank reduced their price target on Metro from C$54.00 to C$51.00 and set an “outperform” rating on the stock in a report on Wednesday, August 16th. BMO Capital Markets reduced their price target on Metro from C$53.00 to C$51.00 in a report on Wednesday, August 16th. Finally, Eight Capital reduced their price target on Metro from C$52.00 to C$50.00 in a report on Wednesday, August 16th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Metro currently has a consensus rating of “Buy” and a consensus price target of C$47.70.

Shares of Metro (MRU) opened at 42.78 on Tuesday. The stock has a 50 day moving average price of $41.08 and a 200-day moving average price of $42.83. The company has a market capitalization of $9.72 billion and a price-to-earnings ratio of 17.05. Metro has a 12 month low of $38.00 and a 12 month high of $47.41.

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About Metro

Metro Inc operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. It operates supermarkets, discount and convenience stores, and food stores that provide grocery products, general merchandise, non-perishable goods, dairy products, fruits and vegetables, meats, frozen foods, bakery and deli products, and pastry and charcutery products, as well as perishable products.

Analyst Recommendations for Metro (TSE:MRU)

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