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An update from Metcash Limited ( (AU:MTS) ) is now available.
Metcash Limited announced the issuance of 42,245 performance rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s performance goals, potentially impacting the company’s operational dynamics and stakeholder relations 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 and marketing industry, providing a range of products and services primarily to independent retailers and businesses. The company focuses on supplying groceries, fresh produce, liquor, and hardware products, positioning itself as a key player in supporting local and independent retail markets.
Average Trading Volume: 3,510,354
Technical Sentiment Signal: Buy
Current Market Cap: A$4.34B
Learn more about MTS stock on TipRanks’ Stock Analysis page.