METRO BANK sees a downgrade to Negative on account of less fundamental stars
The independent financial analyst theScreener just lowered the general evaluation of METRO BANK (GB), active in the Money Center Banks industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date March 18, 2022, the closing price was GBp 88.05 and its target price was estimated at GBp 68.86.Metro Bank is a deposit-taking and lending institution with a focus on retail and small and medium-size commercial customers. Co. is engaged in the provision of banking and related services. Co. together with its subsidiaries provides retail and corporate banking services in the U.K. As of Dec 31 2017, Co. had total assets of £16.36 billion and total deposits of £14.99 billion.
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