Goldman Sachs analyst Lisa Deng reiterated a Hold rating on Metcash Limited (MCSHF – Research Report) today. The company’s shares closed last Thursday at $2.30.
According to TipRanks, Deng is a 3-star analyst with an average return of 1.9% and a 52.94% success rate. Deng covers the Consumer Cyclical sector, focusing on stocks such as Breville Group Limited, Domino’s Pizza Enterprises Limited, and Flight Centre Travel Group Limited.
Metcash Limited has an analyst consensus of Moderate Buy, with a price target consensus of $2.58.
See today’s best-performing stocks on TipRanks >>
MCSHF market cap is currently $2.33B and has a P/E ratio of 12.94.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Metcash Limited (MCSHF) Company Description:
Metcash is a wholesale distribution and marketing company specialising in grocery, fresh produce, liquor, hardware, and other fast-moving consumer goods. Metcash has three business units: food and grocery, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of a large number of retailers to negotiate meaningful volume discounts.
