Shore Capital Reiterates Buy Rating for Secure Trust Bank Plc (STB)
Secure Trust Bank Plc (LON:STB)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a note issued to investors on Thursday.
Other equities analysts also recently issued research reports about the company. Macquarie reaffirmed a “neutral” rating and issued a GBX 2,323 ($29.99) target price on shares of Secure Trust Bank Plc in a research report on Monday, April 3rd. Peel Hunt reissued a “buy” rating and set a GBX 2,850 ($36.80) price target on shares of Secure Trust Bank Plc in a research report on Thursday, March 23rd. Canaccord Genuity reissued a “buy” rating and set a GBX 2,585 ($33.38) price target on shares of Secure Trust Bank Plc in a research report on Monday, April 10th. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 2,034 ($26.26) price target on shares of Secure Trust Bank Plc in a research report on Thursday, March 23rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Secure Trust Bank Plc has a consensus rating of “Buy” and a consensus price target of GBX 2,448 ($31.61).
Shares of Secure Trust Bank Plc (LON:STB) traded down 1.66% on Thursday, hitting GBX 2375.00. The stock had a trading volume of 35 shares. Secure Trust Bank Plc has a one year low of GBX 1,550.00 and a one year high of GBX 2,900.00. The stock’s market capitalization is GBX 438.78 million. The firm’s 50 day moving average is GBX 2,229.34 and its 200-day moving average is GBX 2,235.88.
The firm also recently announced a dividend, which will be paid on Friday, May 12th. Shareholders of record on Thursday, April 13th will be issued a GBX 58 ($0.75) dividend. This represents a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, April 13th. This is an increase from Secure Trust Bank Plc’s previous dividend of $17.00.
About Secure Trust Bank Plc
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