METRO BANK

P 42 36.15 12 Jan 40 38 36 8 Jan 9 Jan 10 Jan 11 Jan 12 Jan

Embattled Metro Bank announced the departure of CFO James Hopkinson on Friday, prompting shares to open 1.5 per cent lower. Metro's stock tumbled 69 per cent in 2023 in a torrid year that saw the lender added to the FCA's financial crime watchlist. Peel Hunt gives it a hold rating, with a target price of 60p.

VISTRY

P 1,050 971 12 Jan 1,000 950 900 8 Jan 9 Jan 10 Jan 11 Jan 12 Jan

Housebuilder Vistry's full-year update indicated pre-tax profits should come in at £418m, above forecasts. "Forward sales are up 12 per cent at £4.5bn, while the group is seeing good levels of demand for affordable housing," according to Peel Hunt analysts. They say buy, with a target price of 1,300p.

(c) 2024 City A.M., source Newspaper