Metro Bank PLC (MTRO) Stock Rating Reaffirmed by Goldman Sachs Group Inc.
Metro Bank PLC (LON:MTRO)‘s stock had its “sell” rating restated by equities researchers at Goldman Sachs Group Inc. in a research report issued on Monday. They presently have a GBX 2,100 ($26.01) target price on the stock. Goldman Sachs Group Inc.’s target price points to a potential downside of 28.25% from the company’s current price.
MTRO has been the topic of several other reports. Numis Securities Ltd started coverage on Metro Bank PLC in a report on Wednesday, September 28th. They issued a “sell” rating and a GBX 1,800 ($22.30) price objective on the stock. Jefferies Group reissued a “buy” rating and issued a GBX 3,000 ($37.16) price objective on shares of Metro Bank PLC in a report on Wednesday, November 2nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,344 ($29.04).
Shares of Metro Bank PLC (LON:MTRO) opened at 2943.070068 on Monday. Metro Bank PLC has a 12-month low of GBX 1,501.00 and a 12-month high of GBX 2,975.00. The company’s 50-day moving average price is GBX 2,735.76 and its 200 day moving average price is GBX 2,314.97. The stock’s market cap is GBX 2.36 billion.
In other news, insider Bernau,Stuart sold 2,000 shares of Metro Bank PLC stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of GBX 2,325 ($28.80), for a total value of £46,500 ($57,599.41).
Metro Bank PLC Company Profile
Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank’s principal activities include provision of banking and related services through stores, telephony, Internet and mobile. It is focused on retail and small and medium size commercial customers. It offers personal and business banking services.
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