Metcash Limited Stock Rating Reaffirmed by Deutsche Bank (MTS)
Other equities research analysts have also recently issued reports about the stock. Analysts at ISI Group reiterated an “add” rating on shares of Metcash Limited in a research note on Wednesday. They now have a $3.30 price target on the stock, up previously from $3.20.
Shares of Metcash Limited (ASX:MTS) opened at 2.710 on Friday. Metcash Limited has a 1-year low of A$2.540 and a 1-year high of A$3.720. The stock has a 50-day moving average of A$2.82 and a 200-day moving average of A$2.92. The company has a market cap of A$2.407 billion and a price-to-earnings ratio of 14.01.
Metcash Limited (ASX:MTS) is a wholesale distribution and marketing company specializing in grocery, fresh produce, liquor, hardware and automotive parts and accessories.
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