Investec Downgrades Metro Bank (OTCMKTS:MBNKF) to Sell

Investec cut shares of Metro Bank (OTCMKTS:MBNKF) from a hold rating to a sell rating in a research note published on Thursday, January 11th.

A number of other research firms have also recently weighed in on MBNKF. Citigroup raised Metro Bank from a sell rating to a neutral rating in a research report on Wednesday, January 10th. Zacks Investment Research raised Metro Bank from a sell rating to a hold rating in a report on Wednesday, December 20th.

Metro Bank (OTCMKTS MBNKF) traded down $2.64 during mid-day trading on Thursday, hitting $50.36. The stock had a trading volume of 600 shares, compared to its average volume of 3,324. Metro Bank has a 12-month low of $39.82 and a 12-month high of $53.38.

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Metro Bank Company Profile

Metro Bank PLC, together with its subsidiaries, provides retail and corporate 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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