Secure Trust Bank (LON:STB) had its price objective lowered by Peel Hunt from GBX 1,650 ($22.80) to GBX 1,600 ($22.11) in a report published on Thursday morning. The brokerage currently has a hold rating on the stock.
STB has been the subject of several other reports. Shore Capital reissued a buy rating on shares of Secure Trust Bank in a research report on Wednesday, January 17th. Canaccord Genuity reissued a buy rating and set a GBX 2,650 ($36.61) price target on shares of Secure Trust Bank in a research report on Monday, March 19th. Finally, Macquarie reissued a neutral rating and set a GBX 1,800 ($24.87) price target on shares of Secure Trust Bank in a research report on Thursday, November 23rd. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 2,016.67 ($27.86).
Shares of Secure Trust Bank stock opened at GBX 1,732.50 ($23.94) on Thursday. The company has a market cap of $306.43 and a PE ratio of 1,823.68. Secure Trust Bank has a 1 year low of GBX 1,485.20 ($20.52) and a 1 year high of GBX 2,500 ($34.54).
The business also recently disclosed a dividend, which will be paid on Friday, May 25th. Investors of record on Thursday, April 26th will be given a GBX 61 ($0.84) dividend. This is a positive change from Secure Trust Bank’s previous dividend of $18.00. This represents a dividend yield of 3.56%. The ex-dividend date is Thursday, April 26th.
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.
Receive News & Ratings for Secure Trust Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Trust Bank and related companies with MarketBeat.com's FREE daily email newsletter.