Metcash (MHTLY) Lowered to “Underperform” at Macquarie

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.

About Metcash

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.

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