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Metro Bank PLC (LON:MTRO) target bumped up to 2,050.00GBX, reported today by Goldman Sachs

Metro Bank PLC (LON:MTRO) had its price target upped to 2,050.00GBX by Goldman Sachs in an issued report announced 09/27/2016. The upped price target suggests a potential downside of -0.24% based on the company's previous closing price.

Previously on Wednesday June 15, 2016, Goldman Sachs reported on Metro Bank PLC (LON:MTRO) held steady the target price at 2,070.00GBX. At the time, this indicated a possible downside of -0.06%.

Just yesterday Metro Bank PLC (LON:MTRO) traded -2.23% lower at 2,700.00GBX. Metro Bank PLC’s 50-day moving average is 2,509.11GBX and its 200-day moving average is 2,136.34GBX. The last closing price is up 25.45% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 21,547 shares of MTRO traded hands, down from an average trading volume of 111,595

Recent Performance Chart

Metro Bank PLC (LON:MTRO)

Metro Bank PLC has 52 week low of 1,501.00GBX and a 52 week high of 2,821.00GBX and has a market capitalization of 0 GBX.

In addition to Goldman Sachs reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is 2,478.00GBX with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Metro Bank PLC (LON:MTRO)

Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank's principal activities include provision of banking and related services through stores, telephony, Internet and mobile. 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. The Bank's deposit products include Instant Access Deposit Accounts, Fixed Term Deposit Accounts and Client Monies Deposit Accounts. It offers solutions for business borrowing, including commercial loans, portfolio buy to let, working capital, asset finance and credit cards. Its sector services include healthcare, hospitality and leisure, property, charities and not-for-profit, inward investment, financial services, small business and partnerships. It also offers business and commercial Internet banking, and business mobile banking. The Bank operates approximately 40 stores.

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