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An update from Metcash Limited ( (AU:MTS) ) is now available.
Metcash Limited has announced the issuance of 37,136 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain key personnel, which could enhance its operational efficiency and competitive positioning in the market.
The most recent analyst rating on (AU:MTS) stock is a Hold with a A$3.50 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 and distribution industry, providing a range of products and services to independent retailers across Australia. The company focuses on supplying groceries, fresh produce, liquor, and hardware to its network of independent stores.
YTD Price Performance: 10.51%
Average Trading Volume: 3,614,531
Technical Sentiment Signal: Sell
Current Market Cap: A$3.58B
Learn more about MTS stock on TipRanks’ Stock Analysis page.