Research analysts at Piper Jaffray Companies began coverage on shares of Metropolitan Bank (NYSE:MCB) in a research report issued to clients and investors on Monday. The firm set a “neutral” rating and a $46.00 price target on the stock. Piper Jaffray Companies’ price target would indicate a potential upside of 4.66% from the company’s current price.
A number of other brokerages have also recently issued reports on MCB. Keefe, Bruyette & Woods began coverage on Metropolitan Bank in a report on Monday. They issued an “outperform” rating for the company. J P Morgan Chase & Co began coverage on Metropolitan Bank in a report on Monday. They issued an “overweight” rating and a $50.00 target price for the company.
Metropolitan Bank (MCB) opened at $43.95 on Monday. Metropolitan Bank has a twelve month low of $36.35 and a twelve month high of $44.53.
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