Metro Bank PLC (MTRO) Insider Sells £22,816 in Stock
Metro Bank PLC (LON:MTRO) insider Lord Howard Flight sold 640 shares of the firm’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of GBX 3,565 ($47.04), for a total transaction of £22,816 ($30,108.21).
Metro Bank PLC (LON:MTRO) traded down 1.46% during trading on Friday, hitting GBX 3509.00. 115,556 shares of the stock were exchanged. The firm has a 50-day moving average of GBX 3,435.41 and a 200-day moving average of GBX 3,547.12. Metro Bank PLC has a 52 week low of GBX 2,618.00 and a 52 week high of GBX 3,872.00. The stock’s market capitalization is GBX 2.82 billion.
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Several research firms have issued reports on MTRO. Citigroup Inc. restated a “sell” rating and issued a GBX 3,000 ($39.59) price target on shares of Metro Bank PLC in a research report on Wednesday, August 23rd. Macquarie began coverage on shares of Metro Bank PLC in a research report on Wednesday, September 20th. They issued an “underperform” rating and a GBX 2,700 ($35.63) price target on the stock. Numis Securities Ltd restated a “sell” rating and issued a GBX 2,000 ($26.39) price target on shares of Metro Bank PLC in a research report on Wednesday. Jefferies Group LLC decreased their price target on shares of Metro Bank PLC from GBX 4,500 ($59.38) to GBX 4,200 ($55.42) and set a “buy” rating on the stock in a research report on Thursday, October 19th. Finally, Royal Bank Of Canada raised their price target on shares of Metro Bank PLC from GBX 3,750 ($49.49) to GBX 4,000 ($52.78) and gave the stock a “sector perform” rating in a research report on Thursday, July 27th. Seven equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Metro Bank PLC currently has an average rating of “Sell” and an average target price of GBX 3,025.56 ($39.93).
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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