BMO Capital Markets Downgrades Metro (TSE:MRU) to Market Perform

Posted by Brian Himes on Jul 20th, 2026

Metro (TSE:MRU – Get Free Report) was downgraded by stock analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report issued on Monday,BayStreet.CA reports. They currently have a C$95.00 price target on the stock, down from their prior price target of C$105.00. BMO Capital Markets’ target price points to a potential upside of 2.47% from the company’s previous close.

A number of other equities research analysts also recently weighed in on MRU. Desjardins decreased their price target on shares of Metro from C$99.00 to C$97.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Canadian Imperial Bank of Commerce reduced their price objective on shares of Metro from C$101.00 to C$97.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Scotia decreased their target price on shares of Metro from C$103.00 to C$96.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 23rd. National Bank Financial set a C$105.00 target price on shares of Metro and gave the company a “sector perform” rating in a research note on Tuesday, June 30th. Finally, Scotiabank lowered shares of Metro from an “outperform” rating to a “hold” rating and set a C$103.00 price target for the company. in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$102.38.

Get Our Latest Stock Analysis on Metro

Metro Stock Performance

Shares of MRU traded down C$1.31 during trading hours on Monday, reaching C$92.71. 196,201 shares of the company traded hands, compared to its average volume of 531,002. The stock’s fifty day moving average is C$90.99 and its 200 day moving average is C$93.72. The company has a debt-to-equity ratio of 69.30, a quick ratio of 0.41 and a current ratio of 1.43. The stock has a market cap of C$19.56 billion, a P/E ratio of 19.77, a price-to-earnings-growth ratio of 4.06 and a beta of 0.16. Metro has a 1-year low of C$86.63 and a 1-year high of C$107.78.

Metro (TSE:MRU – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported C$1.11 earnings per share for the quarter. The company had revenue of C$5.11 billion for the quarter. Metro had a return on equity of 14.38% and a net margin of 4.52%. Equities research analysts anticipate that Metro will post 4.8188614 earnings per share for the current fiscal year.

Metro Company Profile

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With annual sales of more than $22 billion, METRO Inc is a food and pharmacy leader in Québec and Ontario, providing employment to more than 97,000 people. Its purpose is to Nourish the health and well-being of our communities. As a retailer, franchisor, distributor, manufacturer, and provider of eCommerce services, the company operates or services a network of some 1,000 food stores under several banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, and some 640 pharmacies primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners.

BMO Capital Markets Downgrades Metro (TSE:MRU) to Market Perform

Metro Stock Performance

Metro Company Profile

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