TD Securities Issues Pessimistic Forecast for Metro (TSE:MRU) Stock Price

Metro (TSE:MRU) had its price objective reduced by TD Securities from C$118.00 to C$113.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 24.99% from the company’s previous close.

Other analysts also recently issued research reports about the stock. BMO Capital Markets lowered their price objective on shares of Metro from C$115.00 to C$110.00 in a research report on Monday, November 3rd. Royal Bank Of Canada raised their target price on Metro from C$112.00 to C$113.00 and gave the company a “sector perform” rating in a research note on Friday, January 23rd. Scotiabank lifted their price objective on Metro from C$108.00 to C$110.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. National Bankshares reduced their target price on Metro from C$107.00 to C$106.00 and set a “sector perform” rating for the company in a research note on Wednesday. Finally, Desjardins set a C$105.00 price target on shares of Metro and gave the stock a “hold” rating in a research note on Thursday, November 20th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$106.25.

Metro Stock Down 0.3%

Shares of TSE:MRU opened at C$90.41 on Wednesday. The stock has a 50-day simple moving average of C$98.49 and a 200-day simple moving average of C$98.16. The stock has a market capitalization of C$19.27 billion, a P/E ratio of 19.53, a PEG ratio of 4.06 and a beta of 0.11. Metro has a 1 year low of C$89.13 and a 1 year high of C$109.20. The company has a debt-to-equity ratio of 62.29, a quick ratio of 0.41 and a current ratio of 1.35.

Metro (TSE:MRU) last announced its quarterly earnings results on Tuesday, January 27th. The company reported C$1.16 earnings per share for the quarter. Metro had a net margin of 4.50% and a return on equity of 13.80%. The firm had revenue of C$5.29 billion during the quarter. Equities analysts forecast that Metro will post 4.8188614 earnings per share for the current year.

Key Metro News

Here are the key news stories impacting Metro this week:

• Positive Sentiment: TD Securities cut its target from C$118 to C$113 but kept a “buy” rating, implying about 24.6% upside — a vote of confidence from a major bank. BayStreet.CA
• Positive Sentiment: BMO Capital Markets trimmed its target to C$110 (from C$115) and maintained an “outperform” rating, signaling continued upside (~21.3%) despite the cut. BayStreet.CA TickerReport
• Positive Sentiment: Scotiabank lowered its target to C$103 (from C$110) but stayed “outperform,” leaving a double-digit upside case for investors. BayStreet.CA TickerReport
• Positive Sentiment: Analysts’ consensus still skews constructive: a published consensus rating of “Moderate Buy” supports longer-term upside expectations. AmericanBankingNews
• Neutral Sentiment: Metro reported quarterly results: C$1.16 EPS on C$5.29B revenue, with a 4.5% net margin and 13.8% ROE — a solid snapshot but not clearly market-moving on its own. MarketBeat Earnings Press Release
• Neutral Sentiment: National Bankshares nudged its target down slightly to C$106 (from C$107) and labeled Metro “sector perform,” signaling limited near-term conviction. BayStreet.CA
• Neutral Sentiment: CIBC trimmed its target to C$101 and kept a “neutral” rating, suggesting modest upside but not a catalyst for aggressive buying. BayStreet.CA
• Negative Sentiment: Desjardins lowered its target to C$99 and moved to a “hold” rating — one of the more cautious notes and part of a broader pattern of target trims that may be weighing on sentiment today. 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.