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Metro Bank (LON:MTRO) Price Target Raised to GBX 150

Metro Bank logo with Financial Services background

Metro Bank (LON:MTRO - Free Report) had its target price upped by Royal Bank Of Canada from GBX 100 ($1.36) to GBX 150 ($2.04) in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. They currently have a sector perform rating on the stock.

Metro Bank Trading Up 2.6%

Shares of MTRO stock traded up GBX 3.40 ($0.05) on Tuesday, hitting GBX 133.60 ($1.82). 1,275,959 shares of the stock were exchanged, compared to its average volume of 2,058,242. The business has a 50-day moving average of GBX 118.93 and a 200 day moving average of GBX 102.33. Metro Bank has a fifty-two week low of GBX 35.40 ($0.48) and a fifty-two week high of GBX 137.60 ($1.87). The firm has a market capitalization of £913.49 million, a P/E ratio of -37.35 and a beta of 2.33.

About Metro Bank

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Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services.

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