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Metcash Limited ( (AU:MTS) ) has provided an update.
Metcash Limited has announced the issuance of 47,090 performance rights under its employee incentive scheme, which are not intended to be quoted on the ASX. This move aims to incentivize employees and align their interests with the company’s long-term goals, potentially enhancing operational efficiency and market competitiveness.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.35 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, primarily focusing on supplying and supporting independent retailers in the food, liquor, and hardware sectors across Australia.
Average Trading Volume: 3,755,340
Technical Sentiment Signal: Buy
Current Market Cap: A$4.32B
For a thorough assessment of MTS stock, go to TipRanks’ Stock Analysis page.