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Weekly 52-Week Low (or 52-Week High): BAM-T, LB-T, S-T, NSCI-X and More 52-Week Highs and Lows (Nov 27-Dec 03)Rally continues after more tame inflation dataTop 7 Canadian Grocery Stocks to Buy and ForgetThis summary was created by AI, based on 2 opinions in the last 12 months.
According to the experts, Metro Inc (MRU-T) is considered a strong choice for defensive and value investors, as opposed to those seeking growth. The company is benefiting from technology-driven efficiency gains and is anticipated to continue gaining momentum. Additionally, the grocery business is expected to remain robust throughout the current economic cycle, with the stock breaking out into new highs, making it an attractive option for long-term investors. Overall, the consensus seems to be positive, emphasizing the company's resilience and potential for value appreciation.
Believes grocery business will be strong through the summer & current economic cycle. Share price reflecting value for long term investors. Stock breaking out into new highs. Groceries a great place to hide during this time.
He sold this a while ago and has now added it back. As a defensive stock it is one of the better plays over the next one or two years.. It has done a good job of re-vamping its stores and most of its capital spending is done. Buy 1 Hold 10 Sell 0
(Analysts’ price target is $77.60)Trading at market multiple. Raised dividend. Low-risk business, with only 3 grocery stores in Canada. Took advantage of increase in food prices, but now prices are coming down. Excess profit will be squeezed out. Won't lose money, but won't make it either for the next 2 years. Enjoy the dividend.
Retail food business in Canada performing well in Canada.
Would buy stock on weakness.
Current share price valued high.
Sector will continue to perform well given nature of industry.
Very expensive, trading up near maximums. Be patient, let things fall to something that will give you a better rate of return.
High quality grocery, plus now a major drugstore operator. Targeted marketing to customers results in a higher spend per basket. Impressive management, impressive returns. Good balance sheet. At 17x, more expensive than the market, so avoid. Instead, try NWC at 13x and a bigger yield at 4.5%.
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.
Metro Inc (A) is a Canadian stock, trading under the symbol MRU-T on the Toronto Stock Exchange (MRU-CT). It is usually referred to as TSX:MRU or MRU-T
In the last year, 1 stock analyst published opinions about MRU-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Metro Inc (A).
Metro Inc (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Metro Inc (A).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Metro Inc (A) In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Metro Inc (A) (MRU-T) stock closed at a price of $93.2.
Buys grocers for defensiveness and value, not growth. He hasn't been trimming, still some runway to go. Efficiency gains in the space have been incredibly strong via technology. Rate cuts support households, which supports retail including grocers.