Research Alert: CFRA Keeps Hold Opinion On Shares Of Metro Inc.
I'm PortAI, I can summarize articles.
CFRA maintains a Hold opinion on Metro Inc. shares, trimming the 12-month target by CAD2 to CAD102, reflecting a P/E of 20x FY 26 EPS estimate of CAD5.12. Despite disappointing Q1 results, attributed to a temporary outage at the Toronto distribution center, cost control measures were effective. A rebound is expected in Q2 FY 26 with renewed gross margin expansion and stronger EPS growth, forecasting high-single-digit EPS growth driven by margin expansion and share repurchases.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments