Metro Bank PLC (LON:MTRO) insider Vernon W. Hill bought 20,000 shares of the business’s stock in a transaction that occurred on Monday, September 10th. The stock was purchased at an average cost of GBX 2,733 ($35.60) per share, with a total value of £546,600 ($711,996.87).
LON MTRO traded down GBX 16 ($0.21) on Friday, reaching GBX 2,810 ($36.60). The company had a trading volume of 221,677 shares, compared to its average volume of 215,330. Metro Bank PLC has a 1 year low of GBX 3,162 ($41.19) and a 1 year high of GBX 4,056 ($52.83).
MTRO has been the subject of a number of research reports. Berenberg Bank decreased their target price on Metro Bank from GBX 3,000 ($39.08) to GBX 2,500 ($32.56) and set a “sell” rating for the company in a report on Wednesday, August 29th. Jefferies Financial Group decreased their price target on Metro Bank from GBX 4,400 ($57.31) to GBX 3,600 ($46.89) and set a “buy” rating for the company in a report on Tuesday, September 4th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Metro Bank currently has a consensus rating of “Hold” and an average price target of GBX 3,230.83 ($42.08).
About Metro Bank
Metro Bank PLC, together with its subsidiaries, provides retail and corporate banking services in the United Kingdom. The company offers personal banking products and services, including current and savings accounts; residential mortgages; credit cards and personal loans; and safe deposit box services.
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