Metro (TSE:MRU – Free Report) had its target price trimmed by CIBC from C$105.00 to C$101.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a neutral rating on the stock.
MRU has been the topic of several other reports. TD Securities cut their price target on Metro from C$118.00 to C$113.00 and set a “buy” rating on the stock in a research report on Wednesday. BMO Capital Markets lowered their target price on Metro from C$115.00 to C$110.00 and set an “outperform” rating on the stock in a research note on Wednesday. National Bankshares reduced their price target on Metro from C$107.00 to C$106.00 and set a “sector perform” rating for the company in a research report on Wednesday. Royal Bank Of Canada boosted their price target on Metro from C$112.00 to C$113.00 and gave the company a “sector perform” rating in a report on Friday, January 23rd. Finally, Desjardins dropped their price objective on shares of Metro from C$105.00 to C$99.00 and set a “hold” rating on the stock in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$106.25.
Check Out Our Latest Report on MRU
Metro Stock Performance
Metro (TSE:MRU – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported C$1.16 EPS for the quarter. Metro had a net margin of 4.50% and a return on equity of 13.80%. The business had revenue of C$5.29 billion for the quarter. On average, analysts anticipate that Metro will post 4.8188614 EPS for the current year.
Metro News Summary
Here are the key news stories impacting Metro this week:
- Positive Sentiment: TD Securities cut its price target to C$113 but maintained a “buy” rating, implying ~24% upside from the cited share level — this is a supportive institutional view. BayStreet.CA
- Positive Sentiment: BMO Capital Markets lowered its target to C$110 but kept an “outperform” rating, signaling roughly 21% upside and continued confidence in growth prospects. BayStreet.CA
- Positive Sentiment: Scotiabank trimmed its target to C$103 but remains “outperform,” leaving a double-digit upside case that can support the stock over a medium term. BayStreet.CA TickerReport
- Neutral Sentiment: Company reported Q1 results: EPS C$1.16 on C$5.29B revenue, with a 4.5% net margin and 13.8% ROE — fundamentals are solid but not clearly market-moving on their own. MarketBeat Earnings
- Neutral Sentiment: Market consensus remains constructive overall (consensus “Moderate Buy”), which provides a backdrop of analyst support despite individual target cuts. AmericanBankingNews
- Neutral Sentiment: National Bank lowered its target slightly to C$106 and kept a “sector perform” view — modest change with limited directional impact. BayStreet.CA
- Neutral Sentiment: CIBC cut its target to C$101 and holds a “neutral” rating, signaling a mixed view (some upside but tempered expectations). BayStreet.CA
- Negative Sentiment: Desjardins lowered its target to C$99 and moved to a “hold” stance — one of the clearer downward revisions that helps explain near-term selling pressure. BayStreet.CA
About Metro
Metro is one of the largest grocery retailers in Canada. With its 2018 acquisition of Jean Coutu, it also boasts a meaningful drugstore footprint. Noteworthy grocery banners include Metro, Metro Plus, Super C, and Food Basics, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. It utilizes an array of business models, but it most frequently acts as either a retailer, operating individual stores, or a franchiser, licensing its trademarks and supplying merchandise to franchisees.
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