Secure Trust Bank Plc’s (STB) “Buy” Rating Reaffirmed at Canaccord Genuity
Secure Trust Bank Plc (LON:STB)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity in a research note issued on Thursday. They currently have a GBX 2,585 ($31.99) price target on the stock. Canaccord Genuity’s price target would suggest a potential upside of 8.84% from the company’s current price.
Several other research firms have also recently commented on STB. Peel Hunt cut shares of Secure Trust Bank Plc to an “add” rating and set a GBX 2,500 ($30.94) price target on the stock. in a research note on Monday. Shore Capital reaffirmed a “buy” rating on shares of Secure Trust Bank Plc in a research note on Wednesday, July 6th.
Secure Trust Bank Plc (LON:STB) traded up 0.64% during trading on Thursday, hitting GBX 2375.00. The stock had a trading volume of 1,100 shares. The stock has a 50-day moving average price of GBX 2,290.46 and a 200-day moving average price of GBX 2,418.68. Secure Trust Bank Plc has a 52 week low of GBX 1,550.00 and a 52 week high of GBX 3,425.00. The company’s market cap is GBX 432.04 million.
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The firm also recently disclosed a dividend, which was paid on Friday, September 23rd. Shareholders of record on Thursday, August 25th were paid a GBX 17 ($0.21) dividend. The ex-dividend date of this dividend was Thursday, August 25th. This represents a yield of 0.86%.
In other news, insider Forsyth,Michael Bruce purchased 1,200 shares of Secure Trust Bank Plc stock in a transaction dated Tuesday, July 19th. The shares were bought at an average cost of GBX 1,990 ($24.63) per share, with a total value of £23,880 ($29,554.46). Also, insider Michael Bruce Forsyth purchased 100 shares of Secure Trust Bank Plc stock in a transaction dated Wednesday, October 12th. The shares were purchased at an average cost of GBX 2,400 ($29.70) per share, for a total transaction of £2,400 ($2,970.30).
Secure Trust Bank Plc Company Profile
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