Metro Bank Holdings PLC (LON:MTRO – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 187.30 and last traded at GBX 187.30, with a volume of 691,437 shares traded. The stock had previously closed at GBX 179.20.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 190 target price on shares of Metro Bank in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 190.
View Our Latest Stock Analysis on MTRO
Metro Bank Price Performance
The firm has a market cap of £1.25 billion, a P/E ratio of 23.72 and a beta of 1.09. The company’s 50 day moving average is GBX 168.85 and its two-hundred day moving average is GBX 153.24.
Insider Activity
In related news, insider Marc Page acquired 27,307 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of GBX 183 per share, with a total value of £49,971.81. Also, insider Jaime Gilinski Bacal acquired 500,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average price of GBX 172 per share, for a total transaction of £860,000. 55.67% of the stock is currently owned by insiders.
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.
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