Latest news with #MetcashLimited
Business Insider
24-06-2025
- Business
- Business Insider
Morgan Stanley Reaffirms Their Hold Rating on Metcash Limited (MCSHF)
Morgan Stanley analyst Mac Ross maintained a Hold rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$3.75. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Morgan Stanley, Metcash Limited also received a Hold from Citi's Adrian Lemme in a report issued today. However, on the same day, UBS maintained a Buy rating on Metcash Limited (Other OTC: MCSHF). The company has a one-year high of $2.85 and a one-year low of $1.53. Currently, Metcash Limited has an average volume of 9,450.
Business Insider
24-06-2025
- Business
- Business Insider
UBS Keeps Their Buy Rating on Metcash Limited (MCSHF)
UBS analyst Shaun Cousins maintained a Buy rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$4.25. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Cousins covers the Consumer Cyclical sector, focusing on stocks such as Lovisa Holdings Ltd., Wesfarmers Limited, and Accent Group Ltd. According to TipRanks, Cousins has an average return of 1.5% and a 50.28% success rate on recommended stocks. Metcash Limited has an analyst consensus of Strong Buy, with a price target consensus of $2.60, which is a 19.27% upside from current levels. In a report released on June 18, Jefferies also upgraded the stock to a Buy with a A$4.20 price target. The company has a one-year high of $2.85 and a one-year low of $1.53. Currently, Metcash Limited has an average volume of 9,450.
Business Insider
24-06-2025
- Business
- Business Insider
Ord Minnett Sticks to Its Buy Rating for Metcash Limited (MCSHF)
Ord Minnett analyst maintained a Buy rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$4.60. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Ord Minnett, Metcash Limited also received a Buy from UBS's Shaun Cousins in a report issued today. However, on the same day, Citi downgraded Metcash Limited (Other OTC: MCSHF) to a Hold. Based on Metcash Limited's latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $8.47 billion and a net profit of $141.8 million. In comparison, last year the company earned a revenue of $7.84 billion and had a net profit of $141 million
Business Insider
24-06-2025
- Business
- Business Insider
Metcash Limited (MCSHF) was downgraded to a Hold Rating at Citi
In a report released today, Adrian Lemme from Citi downgraded Metcash Limited (MCSHF – Research Report) to a Hold, with a price target of A$3.90. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Lemme covers the Consumer Cyclical sector, focusing on stocks such as Super Retail Group Limited, Wesfarmers Limited, and Aristocrat Leisure . According to TipRanks, Lemme has an average return of 8.5% and a 62.40% success rate on recommended stocks. In addition to Citi, Metcash Limited also received a Hold from Jefferies's Michael Simotas in a report issued on June 11. However, on June 18, Jefferies upgraded Metcash Limited (Other OTC: MCSHF) to a Buy.
Business Insider
24-06-2025
- Business
- Business Insider
Metcash Limited (MCSHF) Receives a Buy from Macquarie
Macquarie analyst maintained a Buy rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$4.00. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Metcash Limited has an analyst consensus of Strong Buy, with a price target consensus of $2.60, implying a 19.27% upside from current levels. In a report released on June 18, Jefferies also upgraded the stock to a Buy with a A$4.20 price target. The company has a one-year high of $2.85 and a one-year low of $1.53. Currently, Metcash Limited has an average volume of 9,450.
