Brokerages Set Metro Inc. (TSE:MRU) Price Target at C$93.56

Shares of Metro Inc. ( TSE:MRU – Get Free Report ) have received a consensus rating of “Hold” from the eight analysts that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

The average 12-month price target among brokers that have issued a report on the stock in the last year is C$94.44. Several brokerages have recently commented on MRU.



BMO Capital Markets upgraded Metro from a “market perform” rating to an “outperform” rating and raised their price target for the company from C$92.00 to C$96.00 in a research note on Thursday, January 30th.

Scotiabank boosted their price target on shares of Metro from C$98.00 to C$100.00 in a report on Thursday, January 30th.

UBS Group increased their price objective on shares of Metro from C$98.00 to C$99.00 in a research note on Thursday, January 30th.

Finally, National Bankshares lifted their price objective on shares of Metro from C$94.00 to C$102.00 and gave the company a “sector perform” rating in a report on Wednesday.

Get Our Latest Report on MRU Metro Trading Up 0.1 % Metro Increases Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, March 11th were given a dividend of $0.

37 per share. This is a boost from Metro’s previous quarterly dividend of $0.34.

The ex-dividend date was Thursday, February 13th. This represents a $1.48 dividend on an annualized basis and a yield of 1.

46%. Metro’s dividend payout ratio is presently 30.93%.

About Metro ( Get Free Report Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries. Read More Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.

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