According to TipRanks.com, Deng is ranked #5492 out of 7939 analysts.
Metcash Limited has an analyst consensus of Strong Buy, with a price target consensus of $3.47, which is a 3.0% upside from current levels. In a report issued on March 29, Credit Suisse also maintained a Buy rating on the stock with a price target.
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Based on Metcash Limited’s latest earnings release for the quarter ending April 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.
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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.
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