Secure Trust Bank (STB) Earns Buy Rating from Shore Capital
Other equities research analysts also recently issued research reports about the company. Canaccord Genuity reduced their target price on Secure Trust Bank from GBX 2,550 ($33.32) to GBX 2,024 ($26.45) and set a buy rating for the company in a report on Wednesday, September 5th. Peel Hunt raised Secure Trust Bank to a hold rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 2,005 ($26.20).
Secure Trust Bank stock opened at GBX 1,465 ($19.14) on Wednesday. Secure Trust Bank has a one year low of GBX 1,485.20 ($19.41) and a one year high of GBX 2,500 ($32.67).
In other Secure Trust Bank news, insider Michael Bruce Forsyth bought 1,000 shares of Secure Trust Bank stock in a transaction on Thursday, October 18th. The stock was bought at an average price of GBX 1,486 ($19.42) per share, with a total value of £14,860 ($19,417.22).
About Secure Trust Bank
Secure Trust Bank PLC provides retail banking products and services in the United Kingdom. It operates in six segments: Real Estate Finance, Asset Finance, Commercial Finance, Personal Lending, Motor Finance, and Retail Finance. The Real Estate Finance segment provides finance for commercial and residential real estate developments and investments, as well as for mixed development projects.
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