BMO Capital Markets Lowers Metro (TSE:MRU) Price Target to C$110.00

Metro (TSE:MRU) had its target price dropped by stock analysts at BMO Capital Markets from C$115.00 to C$110.00 in a report released on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 21.67% from the company’s previous close.

Several other research analysts also recently weighed in on the company. National Bankshares cut their price target 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. Scotiabank dropped their price objective on shares of Metro from C$110.00 to C$103.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank Of Canada lifted 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 note on Friday, January 23rd. TD Securities lowered 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 report on Wednesday. Finally, Desjardins dropped their price target on shares of Metro from C$105.00 to C$99.00 and set a “hold” rating on the stock in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Metro presently has an average rating of “Hold” and an average price target of C$106.25.

Metro Trading Down 0.3%

TSE:MRU opened at C$90.41 on Wednesday. Metro has a 12 month low of C$89.13 and a 12 month high of C$109.20. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29. The firm’s 50 day moving average is C$98.49 and its 200 day moving average is C$98.16. The stock has a market capitalization of C$19.27 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 4.06 and a beta of 0.11.

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

Trending Headlines about Metro

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.