Secure Trust Bank’s (STB) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Secure Trust Bank (LON:STB) in a research note released on Tuesday morning.

Several other research firms also recently weighed in on STB. Canaccord Genuity reissued a buy rating and issued a GBX 2,650 ($36.61) price target on shares of Secure Trust Bank in a research note on Monday, January 15th. Macquarie reissued a neutral rating and issued a GBX 1,800 ($24.87) price target on shares of Secure Trust Bank in a research note on Thursday, November 23rd. Finally, Peel Hunt reissued a hold rating and issued a GBX 1,750 ($24.18) price target on shares of Secure Trust Bank in a research note on Wednesday, January 17th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 2,058.50 ($28.44).

Secure Trust Bank (STB) opened at GBX 1,635 ($22.59) on Tuesday. The firm has a market cap of $284.37 and a PE ratio of 1,721.05. Secure Trust Bank has a 52 week low of GBX 1,485.20 ($20.52) and a 52 week high of GBX 2,500 ($34.54).

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Secure Trust Bank Company Profile

Secure Trust Bank PLC is engaged in providing banking and financial services. The Company’s principal activity is banking, including deposit taking, and secured and unsecured lending. The Company’s segments include Business finance, including Real Estate Finance, which offers buy-to-let and development loans secured by the United Kingdom real estate; Asset Finance, which offers loans to small and medium sized enterprises to acquire commercial assets, and Commercial Finance, which includes invoice discounting and invoice financing; Consumer finance, including Personal lending, which provides unsecured consumer loans sold to customers through brokers and affinity partners; Motor finance, which hires purchase agreements secured against the vehicle being financed, and Retail finance, which includes point of sale unsecured finance for in-store and online retailers, and Other, including Current account, OneBill, Pay4later, Rentsmart and debt collection.

Analyst Recommendations for Secure Trust Bank (LON:STB)

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