Metro Bank (MBNKF) Rating Lowered to Sell at Zacks Investment Research
Metro Bank (OTCMKTS:MBNKF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.
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. “
Several other equities research analysts have also recently weighed in on the company. ValuEngine cut Metro Bank from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th. Keefe, Bruyette & Woods cut Metro Bank from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 27th. Finally, Citigroup cut Metro Bank from a “neutral” rating to a “sell” rating in a research note on Wednesday, January 23rd.
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.
See Also: How to invest in a bear market
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.