Metcash Limited Receives add Rating from ISI Group (MTS)
Metcash Limited (ASX:MTS)‘s stock had its “add” rating reiterated by ISI Group in a research note issued on Thursday. They currently have a $3.30 price target on the stock, up from their previous price target of $3.20.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Metcash Limited in a research note on Sunday. They now have a $2.60 price target on the stock.
Metcash Limited (ASX:MTS) traded up 0.75% on Thursday, hitting A$2.680. The stock had a trading volume of 932,424 shares. 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$2.80 and a 200-day moving average of A$2.91. The company has a market cap of A$2.381 billion and a price-to-earnings ratio of 13.85.
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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