Secure Trust Bank Plc (STB) Given Buy Rating at Shore Capital
Secure Trust Bank Plc (LON:STB)‘s stock had its “buy” rating restated by Shore Capital in a research note issued on Monday.
STB has been the topic of several other research reports. Peel Hunt dropped their target price on shares of Secure Trust Bank Plc from GBX 3,800 ($49.60) to GBX 2,500 ($32.63) and set a “buy” rating on the stock in a report on Monday, July 18th. Canaccord Genuity boosted their target price on shares of Secure Trust Bank Plc from GBX 2,500 ($32.63) to GBX 2,585 ($33.74) and gave the company a “buy” rating in a report on Tuesday, August 9th.
Shares of Secure Trust Bank Plc (LON:STB) opened at 2391.50 on Monday. The firm’s market capitalization is GBX 435.04 million. The company has a 50-day moving average of GBX 2,272.31 and a 200 day moving average of GBX 2,430.90. Secure Trust Bank Plc has a 52 week low of GBX 1,550.00 and a 52 week high of GBX 3,425.00.
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The company also recently announced a dividend, which was paid on Friday, September 23rd. Investors of record on Thursday, August 25th were issued a GBX 17 ($0.22) dividend. The ex-dividend date of this dividend was Thursday, August 25th. This represents a yield of 0.86%.
In related news, insider Forsyth,Michael Bruce purchased 1,200 shares of the firm’s stock in a transaction on Tuesday, July 19th. The stock was purchased at an average cost of GBX 1,990 ($25.98) per share, with a total value of £23,880 ($31,170.87).
About Secure Trust Bank Plc
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