Metro (TSE:MRU) PT Set at C$98.00 by UBS Group

Metro (TSE:MRU) received a C$98.00 target price from equities research analysts at UBS Group in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would indicate a potential upside of 5.31% from the company’s current price.

Several other equities research analysts have also issued reports on the company. Royal Bank of Canada lowered Metro from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 21st. Desjardins lifted their price objective on shares of Metro from C$85.00 to C$95.00 in a research note on Friday, November 22nd. Cfra increased their target price on shares of Metro from C$76.00 to C$85.00 in a research note on Thursday, August 15th. BMO Capital Markets lifted their price target on shares of Metro from C$82.00 to C$85.00 in a research note on Thursday, August 15th. Finally, CIBC increased their price objective on shares of Metro from C$86.00 to C$91.00 in a research report on Thursday, November 21st. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, Metro currently has a consensus rating of “Hold” and a consensus price target of C$88.67.

Metro Stock Performance

Metro stock opened at C$93.06 on Friday. The company’s 50-day moving average price is C$87.07 and its 200-day moving average price is C$82.81. The company has a quick ratio of 0.41, a current ratio of 1.10 and a debt-to-equity ratio of 64.18. The company has a market cap of C$20.72 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 4.06 and a beta of 0.08. Metro has a twelve month low of C$65.43 and a twelve month high of C$94.86.

About Metro

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.