BMO Capital Markets Lowers Metro (TSE:MRU) Price Target to C$105.00

Metro (TSE:MRU) had its target price cut by stock analysts at BMO Capital Markets from C$110.00 to C$105.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price suggests a potential upside of 15.27% from the company’s previous close.

MRU has been the subject of several other reports. Canadian Imperial Bank of Commerce reduced their price objective on Metro from C$105.00 to C$101.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Scotiabank lowered Metro from an “outperform” rating to a “hold” rating and set a C$103.00 price objective for the company. in a research note on Thursday, April 9th. Royal Bank Of Canada upped their price objective on Metro from C$112.00 to C$113.00 and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. National Bank Financial reduced their price objective 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, January 28th. Finally, TD Securities reduced their price objective on Metro from C$118.00 to C$113.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Buy rating and six have given 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$103.63.

Metro Trading Up 1.3%

TSE:MRU opened at C$91.09 on Thursday. The company has a debt-to-equity ratio of 69.30, a current ratio of 1.43 and a quick ratio of 0.41. The firm has a market capitalization of C$19.42 billion, a price-to-earnings ratio of 20.15, a price-to-earnings-growth ratio of 4.06 and a beta of 0.34. Metro has a one year low of C$89.30 and a one year high of C$109.20. The business has a fifty day moving average price of C$95.08 and a 200-day moving average price of C$96.24.

Metro (TSE:MRU) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported C$1.11 EPS for the quarter. The firm had revenue of C$5.11 billion during the quarter. Metro had a return on equity of 14.38% and a net margin of 4.52%. Sell-side analysts forecast that Metro will post 4.8188614 EPS for the current year.

Insider Activity

In related news, insider Dan Gabbard sold 2,978 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of C$96.67, for a total value of C$287,883.26. Following the completion of the transaction, the insider owned 12,344 shares of the company’s stock, valued at approximately C$1,193,294.48. This represents a 19.44% decrease in their position. Also, insider Paolo Bravi sold 2,430 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of C$91.46, for a total transaction of C$222,247.80. Following the completion of the transaction, the insider directly owned 19,730 shares of the company’s stock, valued at C$1,804,505.80. This represents a 10.97% decrease in their position. Over the last 90 days, insiders sold 11,844 shares of company stock worth $1,096,119. 0.14% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Metro

Here are the key news stories impacting Metro this week:

• Positive Sentiment: BMO cut its price target from C$110 to C$105 but kept an “outperform” rating, implying roughly 16.8% upside from the referenced C$89.88 share price — a supportive read for the stock. BMO target note
• Neutral Sentiment: An article examines whether Metro is attractive now after recent share‑price weakness — a valuation/idea piece that may encourage value-seeking investors but is not a fresh operational catalyst. Is Metro Now Attractive?
• Neutral Sentiment: National Bank Financial trimmed its target slightly (to C$105) and kept a “sector perform” view, signaling modest upside but no conviction to upgrade. National Bank note
• Neutral Sentiment: Scotiabank lowered its target from C$103 to C$96 and maintained a “sector perform” rating — a downward revision but not a sell call, leaving near‑term upside limited. Scotiabank note
• Negative Sentiment: CIBC reduced its target to C$97 and moved to a “neutral” rating, representing less enthusiasm and adding downward pressure after several simultaneous analyst adjustments. CIBC note
• Negative Sentiment: Desjardins cut its target to C$97 and set a “hold” rating, another downgrade that contributes to mixed-to-cautious analyst sentiment; coverage noted on BayStreet and TickerReport. Desjardins note (BayStreet) Desjardins note (TickerReport)

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.