Shore Capital Reaffirms Buy Rating for Secure Trust Bank (LON:STB)

Shore Capital reissued their buy rating on shares of Secure Trust Bank (LON:STB) in a research report released on Friday morning, Analyst Price Targets reports.

A number of other equities analysts also recently commented on STB. Peel Hunt restated a buy rating and set a GBX 1,587 ($21.54) price objective on shares of Secure Trust Bank in a research report on Wednesday, November 3rd. restated a buy rating and set a GBX 1,848 ($25.08) target price on shares of Secure Trust Bank in a report on Thursday, November 4th. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 1,587 ($21.54) price target on shares of Secure Trust Bank in a research note on Wednesday, November 3rd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of Buy and a consensus target price of GBX 1,730.25 ($23.49).

Shares of Secure Trust Bank stock opened at GBX 1,377.50 ($18.70) on Friday. The stock has a market cap of £256.88 million and a price-to-earnings ratio of 6.89. The company has a fifty day simple moving average of GBX 1,302.26 and a 200-day simple moving average of GBX 1,243.52. Secure Trust Bank has a 12-month low of GBX 870 ($11.81) and a 12-month high of GBX 1,420 ($19.28).

About Secure Trust Bank

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates in seven segments: Real Estate Finance, Asset Finance, Commercial Finance, Motor Finance, Retail Finance, Debt Management, and Consumer Mortgages. The Real Estate Finance segment provides loans for residential and commercial investment and development, as well as for mixed development projects.

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