Report
EUR 14.45 For Business Accounts Only

A double requalification allows METCASH to improve to Positive

METCASH (AU), a company active in the Food Retailers & Wholesalers industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 4 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Positive. As of the analysis date July 6, 2021, the closing price was AUD 3.80 and its potential was estimated at AUD 4.12.
Underlying
Metcash Limited

Metcash is a wholesaler and distributor, supplying and supporting independent retailers across the food, grocery, liquor and hardware industries. Co.'s reportable segments are as follows: Food and Grocery, which comprises the distribution of dry grocery, perishable and general merchandise supplies to retail outlets; Liquor, which comprises the distribution of liquor products to retail outlets and hotels; as well as Hardware, which comprises the distribution of hardware supplies to retail outlets and trade customers.

Provider
TheScreener
TheScreener

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