Metro Bank (LON:MTRO – Get Free Report) posted its earnings results on Tuesday. The company reported GBX 4.50 earnings per share for the quarter, reports. Metro Bank had a negative net margin of 3.30% and a negative return on equity of 2.18%.
Metro Bank Price Performance
Metro Bank stock opened at GBX 112.97 on Tuesday. The stock has a market capitalization of £760.64 million, a PE ratio of 7.20 and a beta of 2.33. The business has a 50 day simple moving average of GBX 111.79 and a 200-day simple moving average of GBX 119.54. Metro Bank has a 12 month low of GBX 76.40 and a 12 month high of GBX 138.80.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada upgraded shares of Metro Bank to an “outperform” rating and set a GBX 155 price target on the stock in a research report on Tuesday, August 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 155.
About Metro Bank
Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services.
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