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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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8 Oct 2023 11:36

Sunday newspaper round-up: Renewi, Metro Bank, New homes

(Sharecast News) - Some of Renewi's major shareholders are divided as to whether the recycling company should engage with Australian suitor Macquarie. One major shareholder has told Renewi's board that it should not until Macquarie raised its £636m bid, but another top ten shareholder told The Sunday Times that it should talk to the Australian outfit anyways. Macquarie has until 26 October to make a firm offer. - The Sunday Times

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6 Oct 2023 11:43

LONDON MARKET MIDDAY: Aviva takeover talk boosts FTSE 100

(Alliance News) - The FTSE 100 was in the green at midday Friday, boosted by Aviva amid takeover rumours.

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6 Oct 2023 09:49

SMALL-CAP WINNERS & LOSERS: Metro Bank rises; XP cancels dividend

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

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6 Oct 2023 09:21

Metro Bank begins talks over £3bn mortgage book sale - report

(Sharecast News) - Metro Bank has reportedly begun talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its balance sheet.

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6 Oct 2023 08:55

LONDON MARKET OPEN: Stocks up; UK house prices fall again

(Alliance News) - Stock prices in London opened higher on Friday, as focus turns to the US nonfarm payrolls data.

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6 Oct 2023 07:46

LONDON BRIEFING: Wetherspoon swings to profit; UK house prices fall

(Alliance News) - Stocks in London are called to open higher on Friday, as investors eye a key nonfarm payroll reading in the US.

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5 Oct 2023 20:43

PRESS: Metro Bank eyes GBP3 billion mortgage assets sale - Sky News

(Alliance News) - Metro Bank Holdings PLC has begun a process to sell a GBP3 billion chunk of its mortgage book to shore up its finances, Sky News reported on Thursday.

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5 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 rises but banks struggle on Metro woe

(Alliance News) - Stock prices in Europe ended mixed on Thursday, with the FTSE 100 outperforming despite some pressure on its banking shares, which suffered in a negative read-across amid worries for Metro Bank.

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5 Oct 2023 11:57

LONDON MARKET MIDDAY: FTSE 100 climbs; Metro Bank shares slide

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, shrugging off bad news for the UK construction sector, as investors began to adjust to the higher for longer narrative around interest rates.

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5 Oct 2023 09:40

TOP NEWS: Metro Bank shares plunge as confirms financing talks

(Alliance News) - Metro Bank Holdings PLC on Thursday said it is continuing to evaluate the best ways to enhance its capital resources.

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5 Oct 2023 09:33

SMALL-CAP WINNERS & LOSERS: Metro Bank sinks on fundraise reports

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

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5 Oct 2023 07:33

Metro Bank considering up to £600m capital raise - reports

(Sharecast News) - Metro Bank confirmed on Thursday that it is considering its refinancing options following reports it was looking to raise hundreds of millions of pounds from investors.

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4 Oct 2023 19:48

PRESS: Metro Bank plots fundraise to shore up finances - FT

(Alliance News) - Metro Bank Holdings PLC is seeking to raise up to GBP600 million after its share price fell almost 50% in recent weeks, the Financial Times reported, citing people with knowledge of the plan.

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14 Sep 2023 10:00

SMALL-CAP WINNERS & LOSERS: Kier plans to resume dividends

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

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12 Sep 2023 17:10

REPEAT: FTSE 100 ends higher as UK wage growth picks up

(Alliance News) - The FTSE 100 ended higher on Tuesday despite higher-than-expected wage growth data in the UK giving the Bank of England something to think about ahead of its interest rate decision next week.

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