Metro, Inc. (TSE:MRU) is set to issue its quarterly earnings data before the market opens on Wednesday, November 22nd. Analysts expect the company to announce earnings of C$0.65 per share for the quarter.

Shares of Metro, Inc. (TSE:MRU) opened at C$41.18 on Monday. Metro, Inc. has a 1 year low of C$38.00 and a 1 year high of C$47.41.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Friday, October 27th were given a dividend of $0.162 per share. The ex-dividend date was Thursday, October 26th. This represents a $0.65 annualized dividend and a dividend yield of 1.57%. Metro’s dividend payout ratio is presently 24.10%.

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MRU has been the topic of several research reports. Barclays PLC reduced their price target on shares of Metro from C$45.00 to C$44.00 in a research report on Monday, August 14th. National Bank Financial reduced their price target on shares of Metro from C$48.00 to C$47.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 16th. CIBC reduced their price target on shares of Metro from C$48.00 to C$46.00 in a research report on Wednesday, August 16th. Scotiabank reduced their price target on shares of Metro from C$54.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 16th. Finally, TD Securities reduced their price target on shares of Metro from C$50.00 to C$49.00 in a research report on Wednesday, August 16th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$47.70.

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.

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