Metro Bank PLC (LON:MTRO)‘s stock had its “sell” rating reaffirmed by equities researchers at Citigroup Inc in a note issued to investors on Monday.

Several other equities analysts also recently weighed in on the company. Numis Securities Ltd boosted their target price on Metro Bank PLC from GBX 1,800 ($22.66) to GBX 2,000 ($25.17) and gave the company a “sell” rating in a research report on Tuesday, March 14th. Goldman Sachs Group Inc reaffirmed a “sell” rating and issued a GBX 2,100 ($26.43) price objective on shares of Metro Bank PLC in a research report on Friday, November 25th. Finally, Panmure Gordon initiated coverage on Metro Bank PLC in a research report on Thursday, February 16th. They issued a “sell” rating and a GBX 2,700 ($33.98) price objective on the stock. Four research analysts have rated the stock with a sell rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Sell” and a consensus price target of GBX 2,440 ($30.71).

Analyst Recommendations for Metro Bank PLC (LON:MTRO)

Metro Bank PLC (LON:MTRO) opened at 3455.00 on Monday. The firm has a 50-day moving average of GBX 3,350.03 and a 200 day moving average of GBX 3,183.86. Metro Bank PLC has a 12-month low of GBX 1,501.00 and a 12-month high of GBX 3,748.05. The company’s market capitalization is GBX 2.78 billion.

WARNING: “Citigroup Inc Reiterates Sell Rating for Metro Bank PLC (MTRO)” was posted by Marea Informative and is owned by of Marea Informative. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at http://www.mareainformativa.com/metro-bank-plc-mtro-recibe-vender-la-calificacion-de-citigroup-inc/108848/.

In other Metro Bank PLC news, insider Eugene Lockhart sold 10,000 shares of the company’s stock in a transaction on Monday, March 13th. The stock was sold at an average price of GBX 3,357 ($42.25), for a total value of £335,700 ($422,529.89). Also, insider Michael Brierley sold 3,333 shares of the company’s stock in a transaction on Thursday, February 23rd. The stock was sold at an average price of GBX 3,587 ($45.15), for a total value of £119,554.71 ($150,477.92). Insiders sold a total of 27,333 shares of company stock worth $95,673,471 in the last ninety days.

Metro Bank PLC Company Profile

Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank’s principal activities include provision of banking and related services through stores, telephony, Internet and mobile. It is focused on retail and small and medium size commercial customers. It offers personal and business banking services.

Receive News & Stock Ratings for Metro Bank PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Bank PLC and related stocks with our FREE daily email newsletter.