Ian Corfield Buys 19,419 Shares of Secure Trust Bank (LON:STB) Stock

Secure Trust Bank PLC (LON:STB) insider Ian Corfield purchased 19,419 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was bought at an average cost of GBX 1,281 per share, for a total transaction of £248,757.39.

Ian Corfield also recently made the following trade(s):

• On Tuesday, October 21st, Ian Corfield acquired 28,296 shares of Secure Trust Bank stock. The shares were bought at an average cost of GBX 879 per share, with a total value of £248,721.84.

Secure Trust Bank Stock Performance

STB opened at GBX 1,310 on Friday. The company has a 50-day moving average of GBX 1,062.66 and a 200-day moving average of GBX 1,033.47. The company has a market capitalization of £244.47 million, a P/E ratio of 12.92, a PEG ratio of 0.11 and a beta of 0.87. Secure Trust Bank PLC has a 1-year low of GBX 339.55 and a 1-year high of GBX 1,330.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Secure Trust Bank in a research note on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 1,420.

Secure Trust Bank Company Profile

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands.

The Group’s diversified lending portfolio currently focuses on two sectors:

• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.