Metro, Inc. (TSE:MRU) had its price objective raised by BMO Capital Markets from C$40.00 to C$42.00 in a research note issued to investors on Thursday morning, AnalystRatings.Net reports. The brokerage currently has a market perform rating on the stock.

Other equities analysts also recently issued research reports about the stock. Raymond James raised their target price on shares of Metro from C$41.00 to C$42.00 in a research note on Thursday, November 19th. CIBC dropped their price target on shares of Metro from C$45.00 to C$42.00 in a research note on Thursday, November 19th. Desjardins lifted their price target on shares of Metro from C$40.00 to C$42.00 in a research note on Thursday, November 19th. Barclays lifted their price target on shares of Metro from C$40.00 to C$41.00 and gave the stock an equal weight rating in a research note on Thursday, January 21st. Finally, TD Securities lifted their price target on shares of Metro from C$38.00 to C$40.00 and gave the stock a hold rating in a research note on Wednesday, November 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. Metro has an average rating of Hold and an average target price of C$39.79.

In other news, insider Simon Rivet sold 2,000 shares of Metro stock in a transaction dated Friday, November 20th. The shares were sold at an average price of C$38.50, for a total value of C$77,008.00. Also, Director La Fl�Che Eric Richer sold 13,200 shares of Metro stock in a transaction dated Wednesday, December 9th. The shares were sold at an average price of C$38.54, for a total transaction of C$508,728.00.

Shares of Metro (TSE:MRU) traded down 1.41% during midday trading on Thursday, hitting $41.29. 546,927 shares of the stock were exchanged. Metro has a 12-month low of $32.87 and a 12-month high of $41.99. The firm has a 50-day moving average price of $39.19 and a 200-day moving average price of $37.08.

METRO INC. is a Canada-based food retailer and distributor. The Company operates a network of supermarkets, discount stores and drugstores. The Company has approximately 800 food stores operating under the banners Metro, Metro Plus, Super C and Food Basics. The Company has approximately 250 drugstores and pharmacies operating under the banners Brunet, Clini Plus, Pharmacy and Drug Basics. The Company’s product is Gril Rouge and its main brand is Irresistibles. The Company’s services are coinstar, pre-filled bbq tanks, metro gift cards, ready to order platters, olg lottery games terminal, floral services and pharmacy services.

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