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

Zacks Investment Research cut shares of Metro Bank (OTCMKTS:MBNKF) from a hold rating to a sell rating in a report published on Wednesday, 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 raised Metro Bank from an underperform rating to a neutral rating in a research report on Wednesday, June 12th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company presently has a consensus rating of Sell.

MBNKF opened at $6.36 on Wednesday. The firm’s 50 day simple moving average is $7.67. Metro Bank has a one year low of $6.24 and a one year high of $46.02.

Metro Bank Company Profile

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.

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