Credit Suisse Gives Neutral Rating to Metcash Limited (MTS)
Metcash Limited (ASX: MTS)‘s stock had its “neutral” rating reaffirmed by research analysts at Credit Suisse in a report released on Thursday. They currently have a $4.01 (4 AUD) target price on the stock.
Metcash Limited remained flat at A$3.460 during trading on Thursday. Metcash Limited has a 52-week low of A$3.250 and a 52-week high of A$4.370.
Separately, analysts at Nomura reiterated a “reduce” rating on shares of Metcash Limited in a research note to investors on Monday, November 5th. They now have a $3.09 price target on the stock.
Metcash Limited (Metcash) is a wholesale distribution and marketing company specializing in grocery, fresh produce, liquor, hardware and automotive parts and accessories.
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