Morgan Stanley Reaffirms Their Hold Rating on Metcash Limited (MCSHF)
Morgan Stanley analyst Mac Ross maintained a Hold rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$3.75. The company's shares closed last Tuesday at $2.18.
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In addition to Morgan Stanley, Metcash Limited also received a Hold from Citi's Adrian Lemme in a report issued today. However, on the same day, UBS maintained a Buy rating on Metcash Limited (Other OTC: MCSHF).
The company has a one-year high of $2.85 and a one-year low of $1.53. Currently, Metcash Limited has an average volume of 9,450.
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