Canaccord Genuity Reiterates Hold Rating for Secure Trust Bank (STB)
Secure Trust Bank (LON:STB)‘s stock had its “hold” rating restated by research analysts at Canaccord Genuity in a report released on Friday, Analyst Ratings Network reports. They currently have a GBX 2,145 ($34.41) price objective on the stock. Canaccord Genuity’s price target indicates a potential downside of 0.69% from the company’s current price.
Shares of Secure Trust Bank (LON:STB) traded up 0.68% during mid-day trading on Friday, hitting GBX 2225.00. 1,747 shares of the company’s stock traded hands. Secure Trust Bank has a 52-week low of GBX 1320.1331 and a 52-week high of GBX 2400.00. The stock has a 50-day moving average of GBX 2178. and a 200-day moving average of GBX 2026.31.
Separately, analysts at Numis Securities Ltd raised their price target on shares of Secure Trust Bank from GBX 1,755 ($28.16) to GBX 2,065 ($33.13) in a research note to investors on Wednesday, July 31st. They now have a “hold” rating on the stock.
Secure Trust Bank PLC is a United Kingdom-based retail bank. Its business is the provision of banking services, including a range of lending solutions and deposit and fee-based current accounts to United Kingdom customers.
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