National Bankshares Lowers Metro (TSE:MRU) Price Target to C$106.00

Metro (TSE:MRU) had its price target lowered by research analysts at National Bankshares from C$107.00 to C$106.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target suggests a potential upside of 17.24% from the stock’s current price.

Several other brokerages have also issued reports on MRU. Royal Bank Of Canada raised their price objective on Metro from C$112.00 to C$113.00 and gave the stock a “sector perform” rating in a report on Friday, January 23rd. Scotiabank upped their target price on Metro from C$108.00 to C$110.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Desjardins set a C$105.00 price target on Metro and gave the stock a “hold” rating in a research report on Thursday, November 20th. Finally, BMO Capital Markets reduced their price objective on Metro from C$115.00 to C$110.00 in a research note on Monday, November 3rd. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$106.25.

Metro Stock Down 0.3%

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

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

Metro News Summary

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.