This week in the Canadian business landscape brings significant events that will impact industries ranging from retail and railways to telecommunications. As companies release financial results and major economic indicators are unveiled, investors and analysts alike will be closely watching.
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1. Metro Inc Quarterly Earnings
Metro Inc (MRU:CA) is set to release its first-quarter results on Tuesday, alongside its annual meeting of shareholders. The company recently completed a nearly $1-billion supply chain transformation and announced plans to expand its store footprint in 2025.
Stock Target Advisor’s Analysis:
Metro Inc. (MRU:CA) has an average target price of CAD 87.89 from 11 analysts, with a “Slightly Bearish” rating. Despite showing strong revenue growth and positive cash flow, challenges such as high volatility and overpriced valuations remain. The stock gained 28.71% over the past year, with a total return of 30.62%.
2. Bank of Canada’s Rate Decision
On Wednesday, the Bank of Canada will announce its latest interest rate decision, along with its monetary policy report. This comes at a time when the Canadian economy is dealing with uncertainties, including potential U.S. tariffs. The central bank currently has its key interest rate set at 3.25%.
Read More: What Canadian Stocks Would Trump’s Tariffs Hit the Most?
3. Railway Giants Report Earnings:
Canada’s two major railways will report their financial performance this week. Canadian Pacific Kansas City Ltd. (CP:CA) will announce its results on Wednesday, while Canadian National Railway Co. (CNR:CA) will release its earnings on Thursday.
Stock Target Advisor’s Analysis
CNR has an average target price of CAD 164.07 from 24 analysts and is rated “Bullish.” With a strong return on equity and low volatility, the stock is positioned well despite being highly leveraged. Over the last year, the stock declined by 9.15%, but analysts project an 8.29% price increase in the next 12 months.
4. Rogers Communications Q4 Results
Rogers Communications Inc. will publish its fourth-quarter results and 2025 outlook on Thursday. The company recently announced a three-year partnership with the Toronto International Film Festival, positioning itself as the festival’s official presenting partner through 2027.
Stock Target Advisor’s Analysis:
Rogers (RCI.B:CA) has been a reliable performer in telecommunications. Analysts predict stable growth, fueled by its strategic investments and partnerships like the TIFF sponsorship. For further detailed analysis, please request specifics.
5. Canada’s GDP Report
Statistics Canada will release GDP data for November, along with a preliminary estimate for December, on Friday. This data will shed light on how the economy performed in Q4 2024, offering valuable insights for businesses and policymakers.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
