Metro Bank (OTCMKTS:MBNKF) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of Metro Bank (OTCMKTS:MBNKF) from a hold rating to a sell rating in a research report sent to investors on Wednesday, Zacks.com reports.

According to Zacks, “Metro Bank PLC is a commercial bank which provides banking products and services to retail and institutional customers. The company offers current accounts, loans, mortgages, safe deposit boxes, cash management, private banking and debit and credit cards. Metro Bank PLC is based in London, United Kingdom. “

Separately, Macquarie upgraded Metro Bank from an underperform rating to a neutral rating in a research report on Wednesday, June 12th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. Metro Bank presently has an average rating of Sell.

Metro Bank stock opened at $6.36 on Wednesday. Metro Bank has a 52 week low of $6.24 and a 52 week high of $46.02. The business’s 50-day simple moving average is $7.67.

About Metro Bank

Metro Bank PLC, together with its subsidiaries, provides retail and commercial 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.

Further Reading: Trading based on a resistance level

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