Metro Bank (OTCMKTS:MBNKF) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research lowered shares of Metro Bank (OTCMKTS:MBNKF) from a hold rating to a sell rating in a report published on Tuesday, 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 shares of Metro Bank from an underperform rating to a neutral rating in a research note on Wednesday, June 12th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. The stock presently has an average rating of Sell.

Shares of OTCMKTS:MBNKF opened at $3.94 on Tuesday. The stock’s fifty day moving average is $6.32. Metro Bank has a 12 month low of $3.94 and a 12 month high of $40.69.

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.

Read More: Equity Income

Get a free copy of the Zacks research report on Metro Bank (MBNKF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Metro Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro Bank and related companies with MarketBeat.com's FREE daily email newsletter.