Desjardins Has Lowered Expectations for Metro (TSE:MRU) Stock Price

Metro (TSE:MRU) had its price objective lowered by investment analysts at Desjardins from C$105.00 to C$99.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ price target would suggest a potential upside of 9.50% from the stock’s previous close.

Several other research analysts also recently issued reports on MRU. Scotiabank upped their price target on shares of Metro from C$108.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Royal Bank Of Canada upped their target price 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. TD Securities decreased their price target on shares of Metro from C$118.00 to C$113.00 and set a “buy” rating on the stock in a research note on Wednesday. National Bankshares dropped their price objective on shares of Metro from C$107.00 to C$106.00 and set a “sector perform” rating for the company in a research report on Wednesday. Finally, BMO Capital Markets reduced their price objective on Metro from C$115.00 to C$110.00 in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$106.25.

Metro Stock Down 0.3%

Shares of MRU opened at C$90.41 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 1.35 and a debt-to-equity ratio of 62.29. The company has a 50-day moving average price of C$98.49 and a two-hundred day moving average price of C$98.16. The stock has a market cap of C$19.27 billion, a price-to-earnings ratio of 19.53, a P/E/G ratio of 4.06 and a beta of 0.11. Metro has a 12 month low of C$89.13 and a 12 month high of C$109.20.

Metro (TSE:MRU) last issued its earnings results on Tuesday, January 27th. The company reported C$1.16 EPS for the quarter. The company had revenue of C$5.29 billion for the quarter. Metro had a net margin of 4.50% and a return on equity of 13.80%. Equities analysts predict that Metro will post 4.8188614 EPS for the current fiscal 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

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.