Barclays Reaffirms “Underweight” Rating for Metro Bank (OTCMKTS:MBNKF)


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Metro Bank (OTCMKTS:MBNKF)‘s stock had its “underweight” rating reaffirmed by equities researchers at Barclays in a note issued to investors on Tuesday, The Fly reports.

MBNKF has been the subject of several other research reports. Liberum Capital assumed coverage on shares of Metro Bank in a research report on Tuesday, December 8th. They issued a “sell” rating for the company. BNP Paribas raised shares of Metro Bank from an “underperform” rating to a “neutral” rating in a research report on Monday, December 21st. Investec lowered shares of Metro Bank from a “hold” rating to a “sell” rating in a research report on Wednesday, November 25th. Finally, Exane BNP Paribas raised shares of Metro Bank from an “underperform” rating to a “neutral” rating in a research report on Monday, December 21st. Five investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $1.25.

Shares of MBNKF stock opened at $1.81 on Tuesday. Metro Bank has a one year low of $0.72 and a one year high of $3.05. The company has a 50 day moving average price of $1.68 and a 200 day moving average price of $1.30. The firm has a market capitalization of $160.05 million, a price-to-earnings ratio of -12.91 and a beta of 2.15.

About Metro Bank

Metro Bank PLC, together with its subsidiaries, provides retail and commercial 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 (OTCMKTS:MBNKF)

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