Metro Bank (LON:MTRO)‘s stock had its “neutral” rating reissued by investment analysts at Citigroup in a research note issued on Monday. They currently have a GBX 3,900 ($53.88) price objective on the stock. Citigroup’s price objective points to a potential downside of 1.37% from the stock’s previous close.
MTRO has been the topic of a number of other reports. Investec cut shares of Metro Bank to a “sell” rating and increased their target price for the stock from GBX 3,575 ($49.39) to GBX 3,585 ($49.53) in a report on Thursday, January 11th. Berenberg Bank initiated coverage on shares of Metro Bank in a report on Wednesday, January 17th. They set a “sell” rating and a GBX 3,000 ($41.45) target price on the stock. Seven analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Sell” and a consensus target price of GBX 3,126.50 ($43.20).
Shares of Metro Bank (LON:MTRO) opened at GBX 3,954 ($54.63) on Monday. The firm has a market cap of $3,500.00 and a price-to-earnings ratio of 32,950.00. Metro Bank has a twelve month low of GBX 3,162 ($43.69) and a twelve month high of GBX 3,970 ($54.85).
About Metro Bank
Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank’s principal activities include provision of banking and related services. It is focused on retail and small and medium size commercial customers. It offers personal and business banking services. Its everyday banking products include current accounts, and cash management and payments.
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