financetom
Business
financetom
/
Business
/
National Bank Lifts Metro Target to $111, Keeps Sector Perform Rating
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
National Bank Lifts Metro Target to $111, Keeps Sector Perform Rating
Aug 5, 2025 10:11 AM

12:37 PM EDT, 08/05/2025 (MT Newswires) -- National Bank has raised its one year target on Metro to $111, from $107, and kept its Sector Perform rating.

Metro reports its third-quarter results on Aug. 13. Analyst Vishal Shreedhar is forecasting EPS of $1.54, in line with consensus; last year was $1.35.

His forecast of 3.5% food sssg also reflects continued solid performance in discount as well as sequentially higher inflation. Shreedhar expects basket to be higher and traffic to be stable. "Our projection of continued solid growth in pharmacy (4.8% sssg) reflects elevated influenza trends, and organic growth, among other factors," he adds.

Price: 106.79, Change: +1.41, Percent Change: +1.34

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Agrify Closes Sale of Cultivation Segment
Agrify Closes Sale of Cultivation Segment
Jan 6, 2025
10:38 AM EST, 01/06/2025 (MT Newswires) -- Agrify ( AGFY ) said Monday it has closed the sale of its cultivation business to CP Acquisitions, which is affiliated with Raymond Chang, Agrify's ( AGFY ) former chair and chief executive. The deal involves the sale of the cultivation business and assets, the assumption of liabilities related to the business by...
EXPLAINER-What happens after the TikTok ban?
EXPLAINER-What happens after the TikTok ban?
Jan 6, 2025
Jan 6 (Reuters) - The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner ByteDance, which is seeking to block a law signed by President Joe Biden that will ban the short-form video app beginning Jan. 19 unless it is divested from ByteDance, due to national security concerns. TikTok requested an injunction to pause the...
Talos Energy close to naming new CEO, identifies candidate
Talos Energy close to naming new CEO, identifies candidate
Jan 6, 2025
Jan 6 (Reuters) - U.S. oil and gas company Talos Energy ( TALO ) said on Monday it has identified a candidate to serve as the company's CEO and is in the final stages of the selection process. The company also said its interim chief executive officer, Joseph Mills, has stepped down effective immediately and added that the departure was...
Luna Innovations Securities to be Delisted from Nasdaq
Luna Innovations Securities to be Delisted from Nasdaq
Jan 6, 2025
10:36 AM EST, 01/06/2025 (MT Newswires) -- Luna Innovations ( LUNA ) said its securities will be suspended from trading on the Nasdaq on Tuesday and subsequently delisted from the exchange. The suspension and delisting followed the company's inability to meet the deadline to submit previously disclosed delinquent filings with the US Securities and Exchange Commission. The share after expected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved