Metro Bank (LON:MTRO) Given Outperform Rating at Royal Bank Of Canada

Metro Bank (LON:MTRO)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report released on Wednesday,Digital Look reports. They presently have a GBX 190 price objective on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 9.57% from the company’s current price.

Metro Bank Stock Performance

LON:MTRO opened at GBX 173.40 on Wednesday. The company has a market capitalization of £1.17 billion, a P/E ratio of 22.52 and a beta of 1.08. The stock’s 50 day moving average price is GBX 170.60 and its 200 day moving average price is GBX 146.61. Metro Bank has a 52 week low of GBX 98.30 and a 52 week high of GBX 185.60.

Metro Bank Company Profile

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. The company also provides business banking products and services comprising business bank, commercial and community current, foreign currency, and insolvency practitioner accounts; deposit accounts, such as business and community instant access deposit, business notice, client premium and flexible client term deposit, and business and community fixed term deposit accounts; insurance products; and business and commercial loans and overdrafts, asset and invoice financing, bounce back loans, business credit cards, and recovery loan schemes services.