A number of research firms have changed their ratings and price targets for Metro Bank (LON: MTRO):

  • 5/23/2019 – Metro Bank had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 1,150 ($15.03) to GBX 800 ($10.45). They now have a “neutral” rating on the stock.
  • 5/20/2019 – Metro Bank was downgraded by analysts at Investec to a “sell” rating.
  • 5/17/2019 – Metro Bank had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 720 ($9.41) to GBX 460 ($6.01). They now have an “underweight” rating on the stock.
  • 5/15/2019 – Metro Bank had its price target lowered by analysts at Berenberg Bank from GBX 1,200 ($15.68) to GBX 600 ($7.84). They now have a “hold” rating on the stock.
  • 5/13/2019 – Metro Bank had its “sell” rating reaffirmed by analysts at Citigroup Inc. They now have a GBX 480 ($6.27) price target on the stock.
  • 5/2/2019 – Metro Bank had its price target lowered by analysts at Barclays PLC from GBX 650 ($8.49) to GBX 600 ($7.84). They now have an “underweight” rating on the stock.
  • 5/2/2019 – Metro Bank had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 790 ($10.32) to GBX 720 ($9.41). They now have an “underweight” rating on the stock.
  • 4/9/2019 – Metro Bank had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc.
  • 3/28/2019 – Metro Bank is now covered by analysts at Barclays PLC. They set an “underweight” rating and a GBX 650 ($8.49) price target on the stock.

Shares of Metro Bank stock opened at GBX 772 ($10.09) on Friday. Metro Bank PLC has a 1 year low of GBX 475 ($6.21) and a 1 year high of GBX 3,512 ($45.89). The firm has a market cap of $752.09 million and a P/E ratio of 32.85.

In other Metro Bank news, insider Craig Donaldson bought 11,100 shares of Metro Bank stock in a transaction that occurred on Friday, March 1st. The stock was purchased at an average price of GBX 903 ($11.80) per share, with a total value of £100,233 ($130,972.17).

Metro Bank PLC, together with its subsidiaries, provides retail and corporate banking services in the United Kingdom. The company offers personal banking products and services, including current and savings accounts; residential mortgages; credit cards and personal loans; and safe deposit box services.

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