Metro traded at 90.21 this Monday August 24th, increasing 0.81 or 0.91 percent since the previous trading session. Looking back, over the last four weeks, Metro gained 3.46 percent. Over the last 12 months, its price fell by 9.88 percent. Looking ahead, we forecast Metro to be priced at 87.42 by the end of this quarter and at 81.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Metro Inc. is a Canada-based company engaged in the food and pharmaceutical industry. The Company, as a retailer, franchisor or distributor, operates under various grocery banners in the conventional supermarket and discount segments. It operates approximately 327 supermarkets under the Metro and Metro Plus banners. Its approximately 232 discount stores operating under the Super C and Food Basics banners offer products at low prices to consumers who are both cost and quality-conscious. Its Adonis banner, which has approximately 13 stores, specializes in fresh products and Mediterranean and Middle-Eastern products. It also operates as a distributor for independent neighborhood grocery stores. It operates Premiere Moisson, a company specialized in artisan bakery, pastry, and deli products. It operates approximately 72 drugstores in Ontario under Metro Pharmacy and Food Basics Pharmacy banners.