Secure Trust Bank Rating Reiterated by Numis Securities Ltd (STB)
Secure Trust Bank (LON:STB)‘s stock had its “hold” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 2,541 ($42.86) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential downside of 5.49% from the company’s current price.
Shares of Secure Trust Bank (LON:STB) traded up 2.42% during mid-day trading on Thursday, hitting GBX 2688.5999. 46 shares of the company’s stock traded hands. Secure Trust Bank has a 1-year low of GBX 1750.00 and a 1-year high of GBX 3000.00. The stock’s 50-day moving average is GBX 2739. and its 200-day moving average is GBX 2665..
A number of other firms have also recently commented on STB. Analysts at Edison Group reiterated a “positive” rating on shares of Secure Trust Bank in a research note on Thursday, March 27th. Analysts at Canaccord Genuity upgraded shares of Secure Trust Bank to a “buy” rating in a research note on Thursday, March 20th. They now have a GBX 3,125 ($52.72) price target on the stock, up previously from GBX 2,145 ($36.18).
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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