Metro, Inc. (TSE:MRU) had its target price upped by Barclays PLC from C$44.00 to C$45.00 in a research report sent to investors on Tuesday morning.

Other analysts also recently issued research reports about the company. Eight Capital cut their price target on Metro from C$47.00 to C$45.00 and set a neutral rating on the stock in a research note on Tuesday. TD Securities lowered Metro from a buy rating to a hold rating and reduced their price objective for the company from C$49.00 to C$44.00 in a research report on Tuesday, September 5th. Desjardins lifted their price objective on Metro from C$48.00 to C$50.00 in a research note on Friday, September 29th. BMO Capital Markets lowered their price objective on Metro from C$53.00 to C$51.00 in a research note on Wednesday, August 16th. Finally, Raymond James Financial, Inc. dropped their target price on Metro from C$52.00 to C$48.00 and set an outperform rating on the stock in a report on Wednesday, August 16th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of C$47.70.

Shares of Metro (MRU) opened at 41.53 on Tuesday. Metro has a one year low of $38.00 and a one year high of $47.41. The stock has a 50 day moving average of $41.08 and a 200 day moving average of $42.83. The stock has a market cap of $9.43 billion and a P/E ratio of 16.55.

TRADEMARK VIOLATION WARNING: This story was reported by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Friday, October 27th will be issued a $0.162 dividend. The ex-dividend date is Thursday, October 26th. This represents a $0.65 dividend on an annualized basis and a yield of 1.56%.

Metro Company Profile

Metro Inc operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. It operates supermarkets, discount and convenience stores, and food stores that provide grocery products, general merchandise, non-perishable goods, dairy products, fruits and vegetables, meats, frozen foods, bakery and deli products, and pastry and charcutery products, as well as perishable products.

Analyst Recommendations for Metro (TSE:MRU)

Receive News & Ratings for Metro Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.