TSE:MRU
Metro Inc (A) (MRU.TO)
Financials 
Technical Analysis 
Jun 9, 2026, 12:00 amThis summary was created by AI, based on 5 opinions in the last 12 months.
Metro Inc (MRU-T) operates in a competitive grocery market in Canada, where industry growth has largely been dominated by giants like Costco (COST) and Walmart (WMT). Experts indicate that while Metro holds a strong position, it faces challenges in achieving significant growth, particularly as it targets niches that larger competitors overlook. There is a prevailing pressure on grocers related to public perception of price gouging, compounded by inflation and rising energy costs. Within this landscape, some experts express a preference for Loblaw, suggesting it as a more dominant player. However, Metro's focus on discount banners and private-label products, particularly through its Food Basics chain, is noted as a strategic advantage in the current market dynamics. Overall, while there is a mixture of cautious optimism and skepticism, Metro's current standing suggests a stable yet limited growth outlook.
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Premium contentMetro has two buys, five holds and a $74.29 price target that's 7.5% higher than the current price. Its 4.63% profit margin beats Weston's 4.11% and Empire's 2.69%, though Metro's gross margin lafs those peers. Again, you won't get rich buying Metro shares, but you can park your money here and see a safe, though modest return during all this volatility.
David Driscoll
Paul Harris, CFA
MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.
He has been a fan for 15 years but regrets not buying it. It has run up more than Loblaws so he would not get it now. Wait for a rotation out of grocery stocks and then at that point he would prefer this one to L-T.
You want defensive stocks right now. Big thing is Jean Coutu, and integration will create earnings and cash flow growth. More difficult issue is how to expand that brand beyond Quebec, and this is already priced into the stock. A defensive name, and you can do quite well. Yield is 1.7%.
Jennifer RadmanDavid DriscollHe would prefer it over L-T and EMP-T. It has been the better performer over the last 10 years. Their long term strategy has been to buy back 3-5% of their stock, pay a 2% dividend, and increase their net income 5-10% per year making about a 10-17% return. As a grocery stock it has never become quite compelling enough but in hindsight it would have been a good investment. Once they get too large they just have less growth opportunities. This one is more nimble. It's valuation is on the higher end of the range so wait for a pull back.
The big grocers have done well. Surprising, because competition is coming from Amazon and even Shoppers Drug Mart with automation. Grocers are a low-margin business. Grocery stocks have run up, so take some profits.
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