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Metcash Limited ( (AU:MTS) ) has issued an update.
Metcash Limited announced a change in the director’s interest, with David Whittle acquiring 11,111 ordinary shares through an on-market trade, valued at $44,277.34. This acquisition reflects a strategic move, potentially indicating confidence in the company’s future performance and stability, which may impact stakeholders’ perception positively.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Metcash Limited stock, see the AU:MTS Stock Forecast page.
More about Metcash Limited
Metcash Limited operates in the wholesale distribution industry, providing a range of products and services primarily to independent retailers across Australia. The company focuses on supplying groceries, fresh produce, liquor, and hardware to its network of independent stores, supporting their competitiveness in the market.
Average Trading Volume: 3,305,996
Technical Sentiment Signal: Buy
Current Market Cap: A$4.3B
For an in-depth examination of MTS stock, go to TipRanks’ Overview page.