UBS Reaffirms Their Buy Rating on Metcash Limited (MCSHF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
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Source: Business Insider
Analyst Rating and Price Target: UBS analyst Shaun Cousins has maintained a Buy rating on Metcash Limited with a price target of A$3.60, while the current consensus is a Moderate Buy with an average target of $2.44.
Company Overview: Metcash Limited operates as a wholesale distribution and marketing company in grocery, liquor, and hardware sectors, benefiting from centralized wholesale distribution for better volume discounts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
