In a latest note to investors, a research analyst has provided a rating update for the Metro Inc. (MRU). Today, analyst Kenric Tyghe gave a Buy rating to MRU and set a C$51 price target.
According to TipRanks.com, Tyghe is a 3-star analyst with an average return of 1.7% and a 48.8% success rate. Tyghe covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Dollarama Inc, and Cineplex.
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Metro Inc. has an analyst consensus of Moderate Buy, with a price target consensus of C$49.93.
The company has a one-year high of C$49.75 and a one-year low of C$38.32. Currently, Metro Inc. has an average volume of 687.2K.
Metro, Inc. retails and distributes food and pharmacy products. It operates a network of supermarkets, discount stores and drugstores. The company was founded on December 22, 1947 and is headquartered in Montréal, Canada.
The company’s shares closed on Thursday at C$48.99, close to its 52-week high of C$49.75.
