Metro Bank PLC (LON:MTRO)‘s stock had its “sell” rating reiterated by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Friday. They currently have a GBX 2,100 ($26.24) price target on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential downside of 37.43% from the company’s previous close.
Several other brokerages have also issued reports on MTRO. Jefferies Group reissued a “buy” rating and set a GBX 3,000 ($37.48) target price on shares of Metro Bank PLC in a research note on Thursday, October 27th. Numis Securities Ltd assumed coverage on shares of Metro Bank PLC in a research note on Wednesday, September 28th. They set a “sell” rating and a GBX 1,800 ($22.49) target price on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 2,344 ($29.29).
Shares of Metro Bank PLC (LON:MTRO) opened at 3355.00 on Friday. Metro Bank PLC has a one year low of GBX 1,501.00 and a one year high of GBX 3,425.00. The company’s market cap is GBX 2.69 billion. The company’s 50 day moving average is GBX 2,843.35 and its 200 day moving average is GBX 2,390.14.