Metro (TSE:MRU) Given New C$113.00 Price Target at TD Securities

Metro (TSE:MRU) had its price objective trimmed by TD Securities from C$118.00 to C$113.00 in a research report report published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets cut their price target on shares of Metro from C$115.00 to C$110.00 in a report on Monday, November 3rd. Scotiabank raised their target price on Metro from C$108.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. National Bankshares reduced their price target on Metro from C$107.00 to C$106.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Desjardins set a C$105.00 price objective on Metro and gave the stock a “hold” rating in a research report on Thursday, November 20th. Finally, Royal Bank Of Canada lifted their price objective on Metro from C$112.00 to C$113.00 and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has an average 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 firm has a market capitalization of C$19.33 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 4.06 and a beta of 0.11. The company has a current ratio of 1.35, a quick ratio of 0.41 and a debt-to-equity ratio of 62.29. The business’s 50-day moving average price is C$98.69 and its 200-day moving average price is C$98.21. Metro has a 12 month low of C$89.13 and a 12 month high of C$109.20.

Metro (TSE:MRU) last issued its quarterly earnings data 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. Equities research analysts forecast that Metro will post 4.8188614 EPS for the current year.

Key Headlines Impacting Metro

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

Metro Company Profile

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.