Metro (OTCMKTS:MTRAF) PT Raised to C$77.00

Metro (OTCMKTS:MTRAFGet Rating) had its price objective upped by TD Securities from C$76.00 to C$77.00 in a research note issued on Wednesday, The Fly reports.

Other equities research analysts have also issued reports about the company. Scotiabank boosted their target price on Metro from C$77.00 to C$79.00 in a report on Thursday, November 17th. Royal Bank of Canada lifted their price target on Metro from C$75.00 to C$76.00 in a research report on Thursday, November 17th. National Bank Financial lifted their price target on Metro from C$75.00 to C$79.00 in a research report on Thursday, November 17th. Finally, BMO Capital Markets lifted their price target on Metro from C$78.00 to C$82.00 in a research report on Thursday, November 17th.

Metro Stock Up 3.1 %

MTRAF traded up $1.73 on Wednesday, hitting $56.95. The company had a trading volume of 764 shares, compared to its average volume of 1,146. The company’s fifty day moving average price is $56.38 and its 200 day moving average price is $54.35. Metro has a 1-year low of $49.37 and a 1-year high of $58.23.

About Metro

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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 provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries.

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