Macquarie cut shares of Metcash (OTCMKTS:MHTLY) from a neutral rating to an underperform rating in a report published on Tuesday morning, MarketBeat Ratings reports.
Separately, Credit Suisse Group raised shares of Metcash from an underperform rating to a neutral rating in a research report on Monday.
MHTLY stock opened at $10.47 on Tuesday. Metcash has a one year low of $10.47 and a one year high of $16.71.
Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food & Grocery, Liquor, and Hardware segments. The Food & Grocery segment distributes a range of products and services to independent supermarket and convenience retail outlets.
Featured Article: What are the Different Types of Leveraged Buyouts?
Receive News & Ratings for Metcash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metcash and related companies with MarketBeat.com's FREE daily email newsletter.