Secure Trust Bank Plc’s (STB) Buy Rating Reiterated at Peel Hunt
Peel Hunt restated their buy rating on shares of Secure Trust Bank Plc (LON:STB) in a research note issued to investors on Wednesday. The firm currently has a GBX 2,500 ($32.63) price target on the stock.
A number of other analysts also recently commented on the stock. Canaccord Genuity boosted their price target on shares of Secure Trust Bank Plc from GBX 2,500 ($32.63) to GBX 2,585 ($33.74) and gave the stock a buy rating in a research report on Tuesday, August 9th. Shore Capital upgraded shares of Secure Trust Bank Plc to a buy rating in a research report on Tuesday, July 19th.
Secure Trust Bank Plc (LON:STB) opened at 2300.00 on Wednesday. The firm’s 50-day moving average is GBX 2,205.96 and its 200 day moving average is GBX 2,476.72. Secure Trust Bank Plc has a 12 month low of GBX 1,550.00 and a 12 month high of GBX 3,425.00. The firm’s market capitalization is GBX 418.39 million.
The business also recently declared a dividend, which will be paid on Friday, September 23rd. Shareholders of record on Thursday, August 25th will be given a dividend of GBX 17 ($0.22) per share. The ex-dividend date of this dividend is Thursday, August 25th. This represents a dividend yield of 0.86%.
In related news, insider Forsyth,Michael Bruce purchased 1,200 shares of the company’s stock in a transaction on Tuesday, July 19th. The shares were bought at an average cost of GBX 1,990 ($25.98) per share, for a total transaction of £23,880 ($31,170.87).
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