Secure Trust Bank’s (STB) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their house stock rating on shares of Secure Trust Bank (LON:STB) in a research note released on Thursday morning,Digital Look reports. They currently have a GBX 2,300 target price on the stock, up from their prior target price of GBX 2,200.

Secure Trust Bank Stock Down 1.5%

Secure Trust Bank stock opened at GBX 1,580 on Thursday. The company has a market capitalization of £292.77 million, a P/E ratio of 17.75, a PEG ratio of 0.11 and a beta of 0.96. The stock’s 50 day moving average is GBX 1,477.52 and its 200 day moving average is GBX 1,403.56. Secure Trust Bank has a twelve month low of GBX 832 and a twelve month high of GBX 1,660.

Secure Trust Bank (LON:STB) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX 126.40 earnings per share for the quarter. Secure Trust Bank had a return on equity of 6.44% and a net margin of 7.80%. As a group, equities analysts expect that Secure Trust Bank will post 214.2857143 EPS for the current year.

About Secure Trust Bank

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.