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Home / Stocks and Markets at Lows / Metro Bank PLC (MTRO.L) 20-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Metro Bank PLC (MTRO.L) 20-02-20

Shares in Metro Bank PLC (MTRO.L) have fallen dramatically from recent highs of 1543p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 195.6p (at time of writing). A return to previous highs would represent a rise of 688%.
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Shares -87% from 12-month highs; +17% from 12 month lows.

Latest News

 

17 Jan:  JP Morgan Cazenove reiterates its underweight rating on Metro Bank (MTRO) and increased the target price to 160p (from 140p).

22 Nov:  RBC Capital Markets reiterates its sector performer rating on Metro Bank (MTRO) and increased the target price to 410p (from 370p).

25 Oct:  HSBC reiterates its hold rating on Metro Bank (MTRO) and increased the target price to 190p (from 180p).

24 Oct:  RBC Capital Markets reiterates its sector performer rating on Metro Bank (MTRO) and reduced the target price to 370p (from 520p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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