TSE:MRU

Metro Inc (A) (MRU.TO)

90.68
-0.31 (0.34%)
as of Jun 30, 2026, 8:00:00 pm Market Open.
210 watching
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Investor Insights
star iconJun 30, 2026, 12:00 am

This 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 larger players like Costco and Walmart have dominated growth, forcing Metro and its peers to carve out niche markets that these giants can't fully exploit, such as discount banners and private-label products. The grocery sector is under pressure from public scrutiny over pricing, compounded by inflation and rising energy costs, which affects perception and sales. Although Metro Inc remains a solid player, significant growth prospects appear limited. Experts express a preference for Loblaw due to its market dominance, although there are insights into the potential of discount grocers like Food Basics. One analyst noted Metro was a top pick earlier, showcasing strong institutional buying signals and a defensive investment strategy, indicating ongoing interest despite the challenging market environment.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
Loblaw, L
PAST TOP PICK
(A Top Pick Jan 28/05. Down 9%.) Owns this as a Pairs Trade with Loblaws on the short side. Won on the Loblaws side, but not on this one. Still likes it. The recent acquisition of A&P Canadian will provide growth. A Hold for 2/3 years.
DON'T BUY
The grocery business is a low margin business. Got a little ahead of itself.
BUY
An excellent company that is often overlooked because of Loblaws (L-T), Sobeys, etc. Recent acquisition gets them into the Ontario market. It may take a few quarters to fully integrate it.
TOP PICK
Had a big base building between 2002 and 2004. In late 2004 it started to move above the $22 level which was a breakout, making it attractive to institutions. Then ran to $28, had a pause and with the latest news it has broken into new all time high territory.
TOP PICK
(A Top Pick Jan 28/05. Up 26%.) Won the biddding on the A&P assets.
PAST TOP PICK
(A Top Pick Feb 1/05. Up 7.5%.) Going higher because a lot of people are running to safety into consumer oriented stocks/staples.
TOP PICK
Pricing pressure in Quebec from Loblaws and Costgo has diminished. Had positive growth in margins and earnings for the first time in 6 quarters. They also own $400 million in Alimentation Couche-Tard ATD.MV.A-T which has been on fire recently. 1.5% dividend.
HOLD
Speculation that this and Sobey's (SBY-T) might be involved with the purchase of A&P Canada.
HOLD
Doing a decent restructuring. Had a lot of pressure when Loblaws moved into the province, but the business seems to be stabilizing. Last couple of quarters have looked a lot better. Long term investment.
TRADE
Has had a so-so history, but things seem to be getting better. There are rumors that A&P will be selling their Canadian division, which includes A&P and Dominion stores. Sobeys could be a buyer and then sell their IGA stores to Metro which would be good for them.
DON'T BUY
Has a lot of competition. Some speculation that A&P might be taken out of the market place resulting in further consolidation which would be the reason to own it. Prefers Loblaws and its parent George Weston. Wal Mart will put further price pressure on it.
TOP PICK
Had a big breakout from a trading range in late '04. Also institutions are going into the consumers staples stocks.
TOP PICK
Everyone's so negative on the market, but thinks this stock will do really well even in a negative environment. Cheap. Trades at 12 X next year's earnings. Owns Alimentation Couche-Tard which is doing really well which gives it $3 of extra value which is not reflected in the price.
HOLD
Has been a very good performer over the last couple of quarters. Somewhat pricey for the line of business that it is in. Because there has not been much food inflation, it leaves the stock somewhat susceptible over the near term. A defense stock.
BUY
Latest earnings report was very positive and showed some margin improvement. Stock is doing well on expectation that the price war Loblaws has been waging is waning a little. A good defensive stock. Likely to see some food inflation, so top line will grow faster than has been happening over the last couple of years.
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