National Bank Financial Lowers Metro (TSE:MRU) Price Target to C$105.00

Metro (TSE:MRU) had its price objective dropped by stock analysts at National Bank Financial from C$106.00 to C$105.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 15.27% from the company’s previous close.

MRU has been the subject of several other research reports. Desjardins reduced their price target on shares of Metro from C$105.00 to C$99.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Scotiabank downgraded shares of Metro from an “outperform” rating to a “hold” rating and set a C$103.00 price target for the company. in a research report on Thursday, April 9th. Canadian Imperial Bank of Commerce reduced their price target on shares of Metro from C$101.00 to C$97.00 and set a “neutral” rating for the company in a research report on Thursday. Royal Bank Of Canada upped their price target on shares of Metro from C$112.00 to C$113.00 and gave the stock a “sector perform” rating in a research report on Friday, January 23rd. Finally, TD Securities reduced their price target on shares of Metro from C$118.00 to C$113.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$103.63.

Metro Trading Up 1.3%

Shares of Metro stock opened at C$91.09 on Thursday. The firm has a 50-day simple moving average of C$95.08 and a two-hundred day simple moving average of C$96.24. The company has a market cap of C$19.42 billion, a P/E ratio of 20.15, a price-to-earnings-growth ratio of 4.06 and a beta of 0.34. Metro has a fifty-two week low of C$89.30 and a fifty-two week high of C$109.20. The company has a debt-to-equity ratio of 69.30, a quick ratio of 0.41 and a current ratio of 1.43.

Metro (TSE:MRU) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported C$1.11 earnings per share for the quarter. The business had revenue of C$5.11 billion during the quarter. Metro had a net margin of 4.52% and a return on equity of 14.38%. As a group, equities analysts predict that Metro will post 4.8188614 earnings per share for the current fiscal year.

Insider Activity at Metro

In related news, insider Genevi�Ve Bich sold 4,418 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$91.13, for a total transaction of C$402,612.34. Following the completion of the sale, the insider owned 35,677 shares of the company’s stock, valued at approximately C$3,251,245.01. This represents a 11.02% decrease in their position. Also, insider Richard Pruneau sold 2,018 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$90.87, for a total transaction of C$183,375.66. Following the sale, the insider directly owned 12,433 shares of the company’s stock, valued at approximately C$1,129,786.71. This represents a 13.96% decrease in their position. Insiders have sold 11,844 shares of company stock worth $1,096,119 in the last quarter. Company insiders own 0.14% of the company’s stock.

Trending Headlines about 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)

Metro Company Profile

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.