Secure Trust Bank Plc (STB) Given “Hold” Rating at Peel Hunt
Peel Hunt reaffirmed their hold rating on shares of Secure Trust Bank Plc (LON:STB) in a research note issued to investors on Friday. Peel Hunt currently has a GBX 1,750 ($23.59) price objective on the stock.
A number of other analysts also recently weighed in on the stock. Macquarie cut their price target on shares of Secure Trust Bank Plc from GBX 2,323 ($31.32) to GBX 1,720 ($23.19) and set a neutral rating on the stock in a research report on Tuesday, August 29th. Canaccord Genuity cut their price target on shares of Secure Trust Bank Plc from GBX 2,585 ($34.85) to GBX 2,470 ($33.30) and set a buy rating on the stock in a research report on Tuesday, August 22nd. Finally, Shore Capital reiterated a buy rating on shares of Secure Trust Bank Plc in a research report on Tuesday, August 22nd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 1,993.50 ($26.88).
Secure Trust Bank Plc (LON STB) remained flat at GBX 1730.00 on Friday. The company had a trading volume of 261 shares. Secure Trust Bank Plc has a 12 month low of GBX 1,575.00 and a 12 month high of GBX 2,500.00. The firm’s market cap is GBX 319.62 million. The company has a 50-day moving average price of GBX 1,788.64 and a 200 day moving average price of GBX 2,076.75.
The company also recently declared a dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a GBX 18 ($0.24) dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 1.09%.
In other news, insider Paul Anthony Lynam purchased 5,890 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of GBX 1,719 ($23.18) per share, for a total transaction of £101,249.10 ($136,509.51).
Secure Trust Bank Plc Company Profile
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