Metcash Ltd
MTS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| D.Z | LOCK|#&B | LOCK|Y$x^zb |
Consumer Defensives Less Exposed to Rising Household Budgets
Household incomes are growing in real terms after a period of rampant inflation. With inflation back within the Reserve Bank of Australia’s target range, the focus is shifting to keeping the job market in good shape. Monetary settings are slightly restrictive, providing room for more easing.
