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Pin to quick picksMetro Bank Share News (MTRO)

Share Price Information for Metro Bank (MTRO)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 34.50
Bid: 34.15
Ask: 34.20
Change: 1.15 (3.45%)
Spread: 0.05 (0.146%)
Open: 34.00
High: 35.00
Low: 33.70
Prev. Close: 33.35
MTRO Live PriceLast checked at -

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FTSE 250 movers: Greencore stays fresh, Indivior takes a tumble

Tue, 05th Feb 2019 14:42

(Sharecast News) - London's FTSE 250 was up 0.25% at 18,896.63 in afternoon trading on Tuesday, with supermarket supplier Greencore leading the risers on the back of a broker recommendation.The convenience food group, which serves most of the big supermarkets, was the top riser on the FTSE 250 as Jefferies resumed coverage of the stock at 'buy' and with a new price target of 245p.Metro Bank followed closely behind, rising after Investec reinstated 'buy' advice for the stock and stated that the sell-off that followed the challenger bank's property loans gaffe last month means that it is now a lender with a normal valuation and an abnormal growth outlook.Infrastructure investment business 3i Infrastructure also made gains after it agreed to sell its 33.3% stake in Cross London Trains, the company that leases rolling stock to Thameslink, to a consortium of Dalmore and Equitix.CYBG, which owns Clydesdale Bank, Yorkshire Bank, Virgin Money UK, climbed after Deutsche Bank resumed the stock at 'hold' with a target price of 184p and examining the group's primary focus on providing mortgages, SME lending, credit cards."The combination should, in time, deliver cost synergies and revenue synergies (via lower funding costs for the group), and we expect the group to capitalise on the use of the Virgin brand in order to growth market share in the UK," said a note from the broker.At the other end of the scales, Indivior tanked as the anti-opioid drugmaker warned it could lose 80% of market share "in a matter of months" to generic versions of its Suboxone drug, after a court defeat in its long-running effort to stop generic competitors entering the market.Clothing retailer Superdry followed close behind ahead of its third-quarter update release later this week, with reports suggesting that the company could face infighting in the case of poor results as co-founder Julian Dunkerton steps up his campaign to rejoin the company.Iron ore pellet producer Ferrexpo continued to drop after its auditor Deloitte found "unexplained discrepancies" in a Ukrainian charitable foundation the company donated to called Blooming Land.Market MoversFTSE 250 (MCX) 18,896.63 0.25%FTSE 250 - RisersGreencore Group (GNC) 199.75p 4.58%Metro Bank (MTRO) 1,327.00p 4.24%Synthomer (SYNT) 377.20p 3.74%Convatec Group (CTEC) 145.00p 3.20%3i Infrastructure (3IN) 274.25p 2.91%Hastings Group Holdings (HSTG) 221.20p 2.69%Plus500 Ltd (DI) (PLUS) 1,594.75p 2.69%CYBG (CYBG) 178.20p 2.47%888 Holdings (888) 172.80p 2.31%Aggreko (AGK) 726.80p 2.31%FTSE 250 - FallersIndivior (INDV) 101.15p -10.61%Superdry (SDRY) 475.66p -5.53%Just Group (JUST) 98.05p -5.27%FDM Group (Holdings) (FDM) 784.00p -4.74%Rank Group (RNK) 162.00p -4.71%Ferrexpo (FXPO) 231.80p -3.94%Clarkson (CKN) 2,500.00p -3.85%NewRiver REIT (NRR) 211.29p -3.08%TalkTalk Telecom Group (TALK) 102.20p -2.48%Dixons Carphone (DC.) 132.70p -2.10%
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24 Jan 2024 12:33

Billionaire banker Jaime Gilinski Bacal joins Metro Bank's board

(Sharecast News) - Metro Bank has appointed Colombian billionaire banker and real estate developer Jaime Gilinski Bacal to its board after his firm became a controlling shareholder in the bank last year.

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12 Jan 2024 08:27

IN BRIEF: Metro Bank CFO to leave firm after just over one year

Metro Bank Holdings PLC - London-based lender - Chief Financial Officer James Hopkinson agrees to step down as executive director, effective immediately. He will leave during the first quarter after a handover period. Board appoints Cristina Alba Ochoa as interim CFO, effective from Monday. Company has commenced search for permanent successor.

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12 Jan 2024 07:39

Metro Bank CFO James Hopkinson to step down

(Sharecast News) - Metro Bank said on Friday that chief financial officer that James Hopkinson has agreed to step down with immediate effect.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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15 Dec 2023 21:48

IN BRIEF: Metro Bank to retain GBP3 billion mortgage loan book

Metro Bank Holdings PLC - London-based lender - Says it will retain its GBP3 billion residential mortgage portfolio, as it is "in the best interests of shareholders". More recently, Metro Bank in September of this year announced it had not received permission from regulators to change the way it calculated the capital requirements on its mortgage book. Metro Bank was demoted from the FTSE 250 index in September of 2019. It has not returned since. The company had listed in 2016.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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30 Nov 2023 17:06

LONDON MARKET CLOSE: Stocks react mixed to cooling euro, US inflation

(Alliance News) - The FTSE 100 in London closed up on Thursday, but share prices were firmly down in the FTSE 250, while European equities were buoyed by cooling inflation in the eurozone.

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30 Nov 2023 15:16

London close: Stocks mixed after US, Europe inflation data

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

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30 Nov 2023 10:46

SMALL-CAP WINNERS & LOSERS: Carclo warns of tricky trading conditions

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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30 Nov 2023 09:37

TOP NEWS: Metro Bank says 20% of workforce to go on cost-cutting drive

(Alliance News) - Metro Bank Holdings PLC on Thursday said it expects to cut a fifth of its workforce and the lender is reviewing its policy of keeping branches open seven days a week as it looks to "simplify its operations".

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30 Nov 2023 08:55

LONDON MARKET OPEN: Cooler CPI data brings ECB cut closer into view

(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations.

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30 Nov 2023 07:52

Metro Bank to cut 20% of staff as it looks to save £50m a year

(Sharecast News) - Metro Bank said on Thursday that it plans to axe around 20% of its staff and is reviewing its policy of keeping branches open seven days a week as it looks to save around £50m a year.

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30 Nov 2023 07:42

LONDON BRIEFING: Dr Martens warns on US recovery; Metro Bank cuts jobs

(Alliance News) - The FTSE 100 is called to open higher, with focus on Thursday on inflation readings from the eurozone and US.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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