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Metro Bank (LON:MTRO) Reaches New 1-Year High - Time to Buy?

Metro Bank logo with Financial Services background

Metro Bank Holdings PLC (LON:MTRO - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 137.80 ($1.85) and last traded at GBX 130.60 ($1.75), with a volume of 15834955 shares. The stock had previously closed at GBX 133 ($1.78).

Analyst Ratings Changes

Separately, Royal Bank Of Canada lifted their price target on Metro Bank from GBX 100 ($1.34) to GBX 150 ($2.01) and gave the company a "sector perform" rating in a report on Tuesday, July 8th.

Get Our Latest Report on MTRO

Metro Bank Stock Up 0.5%

The company has a 50 day moving average price of GBX 121.92 and a 200-day moving average price of GBX 103.63. The company has a market cap of £891.61 million, a P/E ratio of -36.45 and a beta of 2.33.

About Metro Bank

(Get Free Report)

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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