Metro (TSE:MRU) Price Target Cut to C$103.00 by Analysts at Scotiabank

Metro (TSE:MRU) had its target price decreased by Scotiabank from C$110.00 to C$103.00 in a report published on Wednesday morning,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

MRU has been the topic of several other reports. Royal Bank Of Canada upped their price objective on Metro from C$112.00 to C$113.00 and gave the company a “sector perform” rating in a research report on Friday, January 23rd. TD Securities decreased their price target on Metro from C$118.00 to C$113.00 and set a “buy” rating for the company in a research note on Wednesday. Desjardins lowered their price target on Metro from C$105.00 to C$99.00 and set a “hold” rating on the stock in a report on Wednesday. National Bankshares reduced their price objective on Metro from C$107.00 to C$106.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, BMO Capital Markets decreased their target price on Metro from C$115.00 to C$110.00 in a research report on Monday, November 3rd. Three equities 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 stock currently has a consensus rating of “Hold” and an average price target of C$106.25.

Metro Stock Performance

Shares of MRU stock opened at C$90.68 on Wednesday. The company has a market capitalization of C$19.33 billion, a price-to-earnings ratio of 19.59, a price-to-earnings-growth ratio of 4.06 and a beta of 0.11. The company has a debt-to-equity ratio of 62.29, a quick ratio of 0.41 and a current ratio of 1.35. Metro has a one year low of C$89.13 and a one year high of C$109.20. The company’s 50-day moving average is C$98.69 and its 200 day moving average is C$98.21.

Metro (TSE:MRU) last issued its earnings results on Tuesday, January 27th. The company reported C$1.16 earnings per share (EPS) for the quarter. Metro had a net margin of 4.50% and a return on equity of 13.80%. The business had revenue of C$5.29 billion during the quarter. Sell-side analysts expect that Metro will post 4.8188614 EPS for the current fiscal year.

Key Metro News

Here are the key news stories impacting Metro this week:

• Positive Sentiment: TD Securities cut its price target to C$113 but maintained a “buy” rating, implying ~24% upside from the cited share level — this is a supportive institutional view. BayStreet.CA
• Positive Sentiment: BMO Capital Markets lowered its target to C$110 but kept an “outperform” rating, signaling roughly 21% upside and continued confidence in growth prospects. BayStreet.CA
• Positive Sentiment: Scotiabank trimmed its target to C$103 but remains “outperform,” leaving a double-digit upside case that can support the stock over a medium term. BayStreet.CA TickerReport
• Neutral Sentiment: Company reported Q1 results: EPS C$1.16 on C$5.29B revenue, with a 4.5% net margin and 13.8% ROE — fundamentals are solid but not clearly market-moving on their own. MarketBeat Earnings
• Neutral Sentiment: Market consensus remains constructive overall (consensus “Moderate Buy”), which provides a backdrop of analyst support despite individual target cuts. AmericanBankingNews
• Neutral Sentiment: National Bank lowered its target slightly to C$106 and kept a “sector perform” view — modest change with limited directional impact. BayStreet.CA
• Neutral Sentiment: CIBC cut its target to C$101 and holds a “neutral” rating, signaling a mixed view (some upside but tempered expectations). BayStreet.CA
• Negative Sentiment: Desjardins lowered its target to C$99 and moved to a “hold” stance — one of the clearer downward revisions that helps explain near-term selling pressure. BayStreet.CA

About Metro

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.