Yves Vézina Sells 9,600 Shares of Metro, Inc. (MRU) Stock
Metro, Inc. (TSE:MRU) insider Yves Vézina sold 9,600 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of C$46.20, for a total value of C$443,520.00.
Shares of Metro, Inc. (TSE:MRU) traded down 0.69% during trading on Tuesday, reaching $45.98. The company’s stock had a trading volume of 460,780 shares. The company has a 50 day moving average of $43.57 and a 200 day moving average of $41.19. The company has a market cap of $10.46 billion and a PE ratio of 18.66. Metro, Inc. has a 12-month low of $38.00 and a 12-month high of $48.19.
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MRU has been the topic of a number of recent research reports. National Bank Financial dropped their price target on Metro from C$46.00 to C$45.00 in a research report on Wednesday, January 25th. CIBC upped their price target on Metro from C$43.00 to C$48.00 in a research report on Wednesday, April 26th. Desjardins upped their price target on Metro from C$46.00 to C$49.00 in a research report on Wednesday, April 26th. Royal Bank of Canada upped their price target on Metro from C$49.00 to C$50.00 in a research report on Wednesday, April 26th. Finally, Eight Capital upped their price target on Metro from C$52.00 to C$54.00 in a research report on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$49.08.
Metro Company Profile
METRO INC. is engaged in food and pharmaceutical distribution. The Company operates under various grocery banners in the supermarket and discount segments. The Company operates or supplies a network of over 940 food stores under various banners, including Metro, Metro Plus, Super C, Food Basics, Adonis and Premiere Moisson, as well as approximately 260 drugstores under the Brunet, Metro Pharmacy and Drug Basics banners.
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