Genevi�Ve Bich Sells 4,418 Shares of Metro (TSE:MRU) Stock

Metro Inc. (TSE:MRUGet Free Report) insider Genevi�Ve Bich sold 4,418 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of C$91.13, for a total value of C$402,612.34. Following the completion of the sale, the insider directly owned 35,677 shares of the company’s stock, valued at C$3,251,245.01. This represents a 11.02% decrease in their position.

Metro Stock Performance

MRU opened at C$90.39 on Friday. The company has a debt-to-equity ratio of 62.29, a quick ratio of 0.41 and a current ratio of 1.35. The company has a market cap of C$19.27 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 4.06 and a beta of 0.11. The stock has a 50-day moving average of C$98.30 and a 200-day moving average of C$98.01. Metro Inc. has a 52-week low of C$89.13 and a 52-week high of C$109.20.

Metro (TSE:MRUGet Free Report) last posted its earnings results on Tuesday, January 27th. The company reported C$1.16 earnings per share for the quarter. Metro had a return on equity of 13.80% and a net margin of 4.50%.The firm had revenue of C$5.29 billion during the quarter. As a group, equities research analysts forecast that Metro Inc. will post 4.8188614 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MRU shares. BMO Capital Markets dropped their target price on shares of Metro from C$115.00 to C$110.00 and set an “outperform” rating on the stock in a research report on Wednesday. Desjardins reduced their price objective on Metro from C$105.00 to C$99.00 and set a “hold” rating for the company in a research report on Wednesday. National Bankshares lowered their price objective on Metro from C$107.00 to C$106.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Royal Bank Of Canada upped their target price on Metro from C$112.00 to C$113.00 and gave the company a “sector perform” rating in a research note on Friday, January 23rd. Finally, TD Securities decreased 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 note on Wednesday. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of C$106.25.

View Our Latest Report on MRU

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Metro Company Profile

(Get Free Report)

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.

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