Secure Trust Bank’s (STB) Buy Rating Reaffirmed at Shore Capital

Shore Capital restated their buy rating on shares of Secure Trust Bank (LON:STB) in a research note published on Wednesday morning.

Several other analysts also recently weighed in on the company. Macquarie reissued a neutral rating and issued a GBX 1,800 ($24.41) target price on shares of Secure Trust Bank in a report on Thursday, November 23rd. Canaccord Genuity reissued a buy rating and issued a GBX 2,650 ($35.94) target price on shares of Secure Trust Bank in a report on Tuesday, January 2nd. Finally, Peel Hunt reissued a hold rating and issued a GBX 1,750 ($23.73) target price on shares of Secure Trust Bank in a report on Wednesday, October 18th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 2,058.50 ($27.92).

Shares of Secure Trust Bank (STB) opened at GBX 1,772.50 ($24.04) on Wednesday. Secure Trust Bank has a fifty-two week low of GBX 1,575 ($21.36) and a fifty-two week high of GBX 2,500 ($33.90). The firm has a market capitalization of $335.39 and a PE ratio of 1,865.79.

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About Secure Trust Bank

Secure Trust Bank PLC is engaged in providing banking and financial services. The Company’s principal activity is banking, including deposit taking, and secured and unsecured lending. The Company’s segments include Business finance, including Real Estate Finance, which offers buy-to-let and development loans secured by the United Kingdom real estate; Asset Finance, which offers loans to small and medium sized enterprises to acquire commercial assets, and Commercial Finance, which includes invoice discounting and invoice financing; Consumer finance, including Personal lending, which provides unsecured consumer loans sold to customers through brokers and affinity partners; Motor finance, which hires purchase agreements secured against the vehicle being financed, and Retail finance, which includes point of sale unsecured finance for in-store and online retailers, and Other, including Current account, OneBill, Pay4later, Rentsmart and debt collection.

Analyst Recommendations for Secure Trust Bank (LON:STB)

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