Royal Bank Of Canada upgraded shares of Metro Bank (LON:MTRO – Free Report) to an outperform rating in a report published on Tuesday, MarketBeat Ratings reports. Royal Bank Of Canada currently has GBX 155 target price on the stock.
Metro Bank Price Performance
Shares of LON MTRO opened at GBX 128 on Tuesday. Metro Bank has a 1-year low of GBX 56 and a 1-year high of GBX 138.80. The business’s 50 day moving average is GBX 125.67 and its two-hundred day moving average is GBX 108.63. The stock has a market capitalization of £875.20 million, a P/E ratio of -35.78 and a beta of 2.33.
Metro Bank (LON:MTRO – Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported GBX 4.50 earnings per share (EPS) for the quarter. Metro Bank had a negative return on equity of 2.18% and a negative net margin of 3.30%. As a group, equities research analysts anticipate that Metro Bank will post 521.5384615 earnings per share for the current fiscal year.
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.
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