Five Wall Street analysts covering NYSE: MCB reports a “Hold’ rating consensus on Metropolitan Bank Holding Corp this quarter. Out of the five research firms, one posted a “sell” rating and three announced a “buy” rating making up the average consensus of a “hold” rating.
Several analysts suggest that the company will report 4.31 EPS for this ongoing fiscal year.
The quarterly earnings for the previous fiscal quarter were released by the company on July 22. The earnings stood at $1.29 EPS for that quarter beating to the general consensus of $0.79 proposed by Zacks Investment Research. The company’s return on equity also stood at 10.68% along with the net margin of 20.57%. The expected income for the firm was marked at $33.72 million but it made $35.85 million for that quarter.
Wall Street Analysts Rates NYSE: MCB Stocks At “Hold”
Several Wall Street analysts have submitted their reports on the NYSE: MCB stocks. Zacks Investment Research increased this company’s target price to $31.00 on October 2. It also issued a “buy” rating on MCB stocks, upgrading it from the earlier “sell” rating. ValuEngine downgraded the rating from “sell” to “strong sell” on August 3. TheStreet ranked it “c-”, that is up from “d+” on Friday. Keefe, Bruyette &Woods maintained the rating of “outperform” and increased the target price from $32.00 to $40.00 on NYSE: MCB stocks on July 22.
(NYSE: MCB) is a bank holding company for the Metropolitan Commercial Bank.