Secure Trust Bank (LON:STB - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Berenberg Bank in a research report issued on Monday, Marketbeat Ratings reports. They presently have a GBX 1,420 price objective on the stock. Berenberg Bank's target price indicates a potential upside of 20.34% from the stock's current price.
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Secure Trust Bank in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Secure Trust Bank has a consensus rating of "Buy" and an average target price of GBX 1,420.
View Our Latest Research Report on STB
Secure Trust Bank Stock Performance
Shares of LON:STB remained flat at GBX 1,180 during midday trading on Monday. 46,347 shares of the company traded hands, compared to its average volume of 119,405. The firm has a market capitalization of £224.73 million, a P/E ratio of 8.73, a PEG ratio of 0.11 and a beta of 0.87. The firm has a fifty day moving average price of GBX 958.86 and a two-hundred day moving average price of GBX 703.43. Secure Trust Bank has a 1-year low of GBX 331 and a 1-year high of GBX 1,262.93.
Secure Trust Bank (LON:STB - Get Free Report) last released its quarterly earnings results on Thursday, August 14th. The company reported GBX 87.60 earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. On average, equities research analysts forecast that Secure Trust Bank will post 214.2857143 EPS for the current fiscal year.
Insider Buying and Selling at Secure Trust Bank
In related news, insider Jim Brown bought 20,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was bought at an average price of GBX 1,170 per share, with a total value of £234,000. Insiders own 14.85% of the company's stock.
About Secure Trust Bank
(
Get Free Report)
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:
(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.
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