Metro (OTCMKTS:MTRAF) Price target raised to CA$74.00 by National Bank Financial analysts

Metro (OTCMKTS: MTRAF – Get an Assessment) saw its target price raised by stock analysts at National Bank Financial from C$72.00 to C$74.00 in a research report released Wednesday to clients and investors, reports The Fly.

Separately, Scotiabank raised its price target on Metro shares from C$73.00 to C$74.00 in a report on Wednesday, January 26. Four equity research analysts gave the stock a hold rating and two gave the stock a buy rating. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $70.50.

MTRAF stock opened at $57.00 on Wednesday. Metro has a 12-month low of $45.40 and a 12-month high of $58.20. The company has a 50-day moving average of $54.85 and a two-hundred-day moving average of $52.37.

Company Profile Metro (Get a rating)

Metro Inc operates as a retailer, franchisor, distributor and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that offer fresh and groceries, baked goods, ready meals, meats, dairy products, fruits and vegetables, frozen foods, baked goods and pastries , as well as Mediterranean and Middle Eastern products.

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Eleanor C. William