Eugene Lockhart Sells 15,000 Shares of Metro Bank PLC (MTRO) Stock
Metro Bank PLC (LON:MTRO) insider Eugene Lockhart sold 15,000 shares of Metro Bank PLC stock in a transaction on Thursday, September 7th. The stock was sold at an average price of GBX 3,335 ($43.07), for a total transaction of £500,250 ($646,067.42).
Shares of Metro Bank PLC (MTRO) traded up 0.42% during midday trading on Friday, hitting GBX 3338.00. 112,165 shares of the stock traded hands. The stock has a 50 day moving average of GBX 3,527.46 and a 200 day moving average of GBX 3,531.05. The company’s market capitalization is GBX 2.68 billion. Metro Bank PLC has a 1-year low of GBX 2,521.00 and a 1-year high of GBX 3,872.00.
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MTRO has been the topic of a number of recent research reports. Citigroup Inc. reiterated a “sell” rating on shares of Metro Bank PLC in a research note on Friday, July 21st. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and set a GBX 2,580 ($33.32) price target on shares of Metro Bank PLC in a research note on Tuesday, June 6th. Numis Securities Ltd reiterated a “sell” rating and set a GBX 2,000 ($25.83) price target on shares of Metro Bank PLC in a research note on Monday, July 3rd. Investec reiterated a “sell” rating and set a GBX 3,450 ($44.56) price target on shares of Metro Bank PLC in a research note on Wednesday, July 26th. Finally, Royal Bank Of Canada lifted their price target on shares of Metro Bank PLC from GBX 3,750 ($48.43) to GBX 4,000 ($51.66) and gave the stock a “sector perform” rating in a research note on Thursday, July 27th. Six analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. Metro Bank PLC has an average rating of “Sell” and a consensus price target of GBX 2,916.25 ($37.66).
About Metro Bank PLC
Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank’s principal activities include provision of banking and related services. It is focused on retail and small and medium size commercial customers. It offers personal and business banking services. Its everyday banking products include current accounts, and cash management and payments.
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