Metro Bank (LON:MTRO) Given New GBX 150 Price Target at Royal Bank Of Canada

Metro Bank (LON:MTRO - Free Report) had its target price lifted by Royal Bank Of Canada from GBX 100 ($1.36) to GBX 150 ($2.04) in a report published on Tuesday morning, MarketBeat.com reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Metro Bank Trading Down 2.0%

Shares of LON:MTRO traded down GBX 2.72 ($0.04) during trading on Tuesday, reaching GBX 130.88 ($1.78). The company had a trading volume of 765,853 shares, compared to its average volume of 2,048,525. The company has a fifty day moving average of GBX 119.60 and a two-hundred day moving average of GBX 102.61. Metro Bank has a 12 month low of GBX 35.55 ($0.48) and a 12 month high of GBX 137.60 ($1.87). The stock has a market capitalization of £894.88 million, a P/E ratio of -36.59 and a beta of 2.33.

About Metro Bank

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.