Metropolitan Bank Holding Corp. – Consensus Indicates Potential 65.7% Upside

Broker Ratings

Metropolitan Bank Holding Corp. found using ticker (MCB) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 100 calculating the mean target price we have 112.5. Now with the previous closing price of 67.91 this indicates there is a potential upside of 65.7%. The day 50 moving average is 71.98 and the 200 day MA is 86.03. The market cap for the company is $722m. Find out more information at: https://www.metropolitanbankny.com

The potential market cap would be $1,196m based on the market concensus.

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Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It also provides lending products, including commercial real estate, construction, multi-family, and one-to four-family real estate loans; commercial and industrial loans; consumer loans; acquisition and renovation loans; loans to refinance or return borrower equity; loans on owner-occupied properties; working capital lines of credit; trade finance and letters of credit; and term loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. It operates six banking centers in Manhattan, Brooklyn, Great Neck, and Long Island. Metropolitan Bank Holding Corp. was founded in 1999 and is headquartered in New York, New York.

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