Secure Trust Bank (LON:STB) Earns “House Stock” Rating from Shore Capital

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reaffirmed by stock analysts at Shore Capital in a report issued on Thursday, MarketBeat Ratings reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,420 target price on shares of Secure Trust Bank in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 1,420.

Secure Trust Bank Price Performance

Shares of LON STB opened at GBX 948 on Thursday. The business’s 50-day moving average price is GBX 1,105.86 and its two-hundred day moving average price is GBX 857.67. Secure Trust Bank has a one year low of GBX 331 and a one year high of GBX 1,262.93. The company has a market capitalization of £176.70 million, a P/E ratio of 934.91, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STB) last issued its earnings results on Thursday, August 14th. The company reported GBX 87.60 EPS for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. On average, equities analysts anticipate that Secure Trust Bank will post 214.2857143 EPS for the current year.

Insider Activity

In related news, insider Jim Brown purchased 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was bought at an average price of GBX 1,170 per share, for a total transaction of £234,000. Company insiders own 20.19% of the company’s stock.

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.