Metro Bank (MTRO) Rating Increased to Hold at Berenberg Bank

Berenberg Bank upgraded shares of Metro Bank (LON:MTRO) to a hold rating in a research report report published on Friday morning. They currently have GBX 1,200 ($15.68) price target on the stock, down from their prior price target of GBX 2,500 ($32.67).

A number of other research firms have also recently commented on MTRO. JPMorgan Chase & Co. lowered their target price on Metro Bank from GBX 2,600 ($33.97) to GBX 2,200 ($28.75) and set an underweight rating on the stock in a research note on Thursday, October 25th. Royal Bank of Canada reiterated a sector performer rating and set a GBX 3,000 ($39.20) target price (down from GBX 4,000 ($52.27)) on shares of Metro Bank in a research note on Friday, January 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 2,700 ($35.28).

LON MTRO opened at GBX 1,354 ($17.69) on Friday. Metro Bank has a one year low of GBX 3,162 ($41.32) and a one year high of GBX 4,056 ($53.00).

Metro Bank Company Profile

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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Analyst Recommendations for Metro Bank (LON:MTRO)

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