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

Shore Capital reiterated their house stock rating on shares of Secure Trust Bank (LON:STBFree Report) in a research note issued to investors on Monday, MarketBeat reports.

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

Read Our Latest Analysis on Secure Trust Bank

Secure Trust Bank Trading Down 2.7%

Secure Trust Bank stock opened at GBX 860 on Monday. The company has a market cap of £160.30 million, a P/E ratio of 8.48, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 1-year low of GBX 331 and a 1-year high of GBX 1,262.93. The company has a fifty day simple moving average of GBX 1,080.30 and a 200 day simple moving average of GBX 874.82.

Secure Trust Bank (LON:STBGet Free Report) last released its earnings results on Thursday, August 14th. The company reported GBX 87.60 earnings per share 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 year.

Insider Buying and Selling

In other news, insider Jim Brown purchased 20,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was purchased at an average price of GBX 1,170 per share, for a total transaction of £234,000. 20.19% of the stock is currently owned by corporate insiders.

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:

• 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.

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