Piper Jaffray Companies assumed coverage on shares of Metropolitan Bank (NYSE:MCB) in a research note issued to investors on Monday morning. The firm issued a neutral rating and a $46.00 price objective on the stock.
A number of other analysts have also recently issued reports on the company. Keefe, Bruyette & Woods started coverage on Metropolitan Bank in a report on Monday. They set an outperform rating and a $50.00 target price for the company. J P Morgan Chase & Co started coverage on Metropolitan Bank in a report on Monday. They set an overweight rating and a $50.00 target price for the company.
Shares of Metropolitan Bank (NYSE:MCB) traded up $0.71 during trading hours on Monday, hitting $44.66. The stock had a trading volume of 101,800 shares, compared to its average volume of 86,865. Metropolitan Bank has a 1-year low of $36.35 and a 1-year high of $45.14.
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