Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

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
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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%
More News
27 Nov 2023 13:26

PRESS: 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.

Read more
26 Nov 2023 20:42

Sunday newspaper round-up: Rolls-Royce, Minimum wage, Metro Bank

(Sharecast News) - Rolls-Royce chief Tufan Erginbilgic is expected to push for government backing for the company's small modular reactors. The engineer has already received approximately £200m in government funding and has a lead on its domestic and foreign rivals, but Erginbligic is worried that they might catch up. The government's lukewarm attitude may also make potential foreign buyers hesitate. - The Financial Mail on Sunday

Read more
12 Nov 2023 20:09

Sunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank

(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday

Read more
7 Nov 2023 11:42

IN BRIEF: Metro Bank Holdings hails normalisation of deposit outflows

Metro Bank Holdings PLC - London-based lender - Notes deposit outflow rates have normalised since it announced a funding package. They had increased over fears of Metro Bank's financial health prior to the capital package. Meanwhile, assets as at September 30 fall 0.7% to GBP21.61 billion from GBP21.75 billion as at June 30. Loan to deposit ratio softens to 80% from 81% over the three months. "The third quarter delivered continued momentum in personal and business current account growth and customer acquisition as well as a modest statutory profit after tax," it says. Metro Bank in October announced a new deal with investors to shore up its finances. The deal included a GBP325 million capital raise and GBP600 million in debt refinancing. In early October, the Financial Times said Metro Bank was seeking to raise up to GBP600 million to shore up its finances. It led to a sell-off in the stock, hitting the 52-week low on October 5.

Read more
7 Nov 2023 10:37

Metro Bank daily flows returning to normal after capital injection

(Sharecast News) - Metro Bank said in an update on Tuesday that its daily flows had returned to more normal ranges since it secured £325m in capital in early October.

Read more
7 Nov 2023 09:49

SMALL-CAP WINNERS & LOSERS: Direct Line leads Sabre higher

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

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
9 Oct 2023 11:55

LONDON MARKET MIDDAY: FTSE 100 outperforms on boost from oil majors

(Alliance News) - The FTSE 100 was higher at midday on Monday as shocking events in the Middle East over the weekend pushed oil prices higher and, in turn, lifted the index's heavyweight oil majors.

Read more
9 Oct 2023 09:19

SMALL-CAP WINNERS & LOSERS: Metro Bank shares jump on finance deal

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

Read more
9 Oct 2023 08:46

LONDON MARKET OPEN: Oil majors lifted by tensions in Middle East

(Alliance News) - Stock prices in London opened lower on Monday as investors were put in a risk-off mood at the start of a new week amid exploding tensions in the Middle East.

Read more
9 Oct 2023 07:42

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

Read more
9 Oct 2023 07:23

Metro Bank announces £925m capital package, looking at mortgage sale

(Sharecast News) - Metro Bank announced a robust capital and debt restructuring package totalling £925m on Monday, after a week of market chatter and reports around its capital position, although some current stakeholders will be taking a 40% haircut.

Read more
9 Oct 2023 05:58

Metro Bank announces new deal with investors to shore up finances

(Alliance News) - Metro Bank Holdings PLC has announced a new deal with investors to shore up its finances.

Read more
8 Oct 2023 14:19

PRESS: Metro Bank could receive bid interest amid financing talks

(Alliance News) - Metro Bank Holdings PLC is in talks for potential financing over the weekend and could potentially receive takeover interest, according to reports from the Times.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.