Metro Bank PLC (LON:MTRO)‘s stock had its “sell” rating reissued by Goldman Sachs Group Inc. in a report released on Friday. They presently have a GBX 2,100 ($26.24) price objective on the stock. Goldman Sachs Group Inc.’s price target would indicate a potential downside of 37.43% from the company’s current price.
MTRO has been the subject of a number of other reports. Jefferies Group reaffirmed a “buy” rating and issued a GBX 3,000 ($37.48) price objective on shares of Metro Bank PLC in a research note on Wednesday, November 2nd. Numis Securities Ltd reaffirmed a “sell” rating and issued a GBX 1,800 ($22.49) price objective on shares of Metro Bank PLC in a research note on Wednesday, October 26th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. Metro Bank PLC has a consensus rating of “Hold” and an average price target of GBX 2,344 ($29.29).
Shares of Metro Bank PLC (LON:MTRO) opened at 3377.00 on Friday. Metro Bank PLC has a 12 month low of GBX 1,501.00 and a 12 month high of GBX 3,425.00. The company’s market capitalization is GBX 2.71 billion. The company’s 50-day moving average is GBX 2,843.35 and its 200 day moving average is GBX 2,390.14.