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Eight Capital disclosed Metro Inc. (TSE:MRU), bumping down its price target to $47.00 earlier today

Reporting a potential upside of 0.18%, Eight Capital bumped down the target of Metro Inc. (TSE:MRU) to $47.00

On 9/5/2017, TD Securities released a statement on Metro Inc. (TSE:MRU) dropped the target price from $49.00 to $44.00 that suggested an upside of 0.11%.

Displaying a price of $39.99, Metro Inc. (TSE:MRU) traded -0.67% lower on the day. The last stock close price is down -6.29% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same period. MRU has recorded a 50-day average of $41.51 and a two hundred day average of $42.67. Volume of trade was up over the average, with 2,360,390 shares of MRU changing hands over the typical 549,497

Performance Chart

Metro Inc. (TSE:MRU)

With a total market value of $0, Metro Inc. has price-earnings ratio of 15.94 with a one year low of $38.00 and a one year high of $47.41 .

A total of 13 firms have released a ratings update on MRU. zero brokers rating the stock a strong buy, 0 brokers rating the stock a buy, zero analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a one year target of $34.06.

More About Metro Inc. (TSE:MRU)

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. The Adonis banner, which has over 10 stores, is specialized in perishables, and Mediterranean and Middle-Eastern products. It also operates Premiere Moisson, a company specialized in bakery, pastry, charcutery and other food offerings prepared on an artisanal basis. Premiere Moisson sells its products to its stores, to restaurant and distribution chains, as well as directly to consumers. It also acts as franchisor and distributor for over 180 franchised Brunet Plus, Brunet, Brunet Clinique and Clini Plus drugstores, owned by independent pharmacists.

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