Metro, Inc. (TSE:MRU) – Investment analysts at National Bank Financial increased their Q4 2019 EPS estimates for shares of Metro in a research report issued on Thursday, November 14th. National Bank Financial analyst V. Shreedhar now anticipates that the company will earn $0.69 per share for the quarter, up from their prior estimate of $0.68. National Bank Financial currently has a “Sector Perform” rating and a $56.00 price target on the stock.

MRU has been the subject of several other reports. CIBC increased their price target on shares of Metro from C$49.00 to C$54.00 in a research report on Thursday, August 15th. Royal Bank of Canada increased their price target on shares of Metro from C$52.00 to C$55.00 and gave the company a “sector perform” rating in a research report on Thursday, August 15th. Desjardins increased their price target on shares of Metro from C$51.00 to C$54.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. Finally, TD Securities increased their price target on shares of Metro from C$52.00 to C$57.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$53.88.

TSE:MRU opened at C$55.90 on Monday. The firm has a market cap of $14.20 billion and a PE ratio of 20.80. The company has a 50-day moving average of C$56.39 and a 200 day moving average of C$52.90. Metro has a 1-year low of C$42.29 and a 1-year high of C$59.03. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.49 and a quick ratio of 0.61.

About Metro

Metro Inc operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. It operates food stores, including supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, general merchandise, non-perishable goods, dairy products, bakery products, pastries, and deli products, as well as Mediterranean and Middle-Eastern products; and drug stores and pharmacies.

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Earnings History and Estimates for Metro (TSE:MRU)

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