Secure Trust Bank (LON:STB) Reaches New 52-Week High – Should You Buy?

Secure Trust Bank PLC (LON:STB) hit a new 52-week high on Thursday . The stock traded as high as GBX 1,630 and last traded at GBX 1,594, with a volume of 177889 shares. The stock had previously closed at GBX 1,588.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Secure Trust Bank in a research report on Monday, June 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,420.

Secure Trust Bank Stock Up 1.1%

The stock has a market capitalization of £302.04 million, a PE ratio of 18.11, a PEG ratio of 0.11 and a beta of 0.96. The firm’s fifty day moving average is GBX 1,386.78 and its 200-day moving average is GBX 1,377.87.

Secure Trust Bank Company Profile

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands.

The Group’s diversified lending portfolio currently focuses on two sectors:

• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.