Metropolitan Bank (MCB) Now Covered by Analysts at Piper Jaffray Companies

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.

In other news, Director Robert C. Patent bought 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average price of $35.00 per share, for a total transaction of $105,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ILLEGAL ACTIVITY NOTICE: “Metropolitan Bank (MCB) Now Covered by Analysts at Piper Jaffray Companies” was published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/12/05/metropolitan-bank-mcb-now-covered-by-analysts-at-piper-jaffray-companies.html.

Receive News & Ratings for Metropolitan Bank Holding Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metropolitan Bank Holding Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply