Secure Trust Bank Plc (STB) PT Lowered to GBX 1,720 at Macquarie
Secure Trust Bank Plc (LON:STB) had its price target decreased by Macquarie from GBX 2,323 ($30.04) to GBX 1,720 ($22.25) in a research report report published on Tuesday. Macquarie currently has a neutral rating on the stock.
Several other brokerages have also recently issued reports on STB. Shore Capital reiterated a buy rating on shares of Secure Trust Bank Plc in a research report on Tuesday, June 20th. Canaccord Genuity reduced their price target on shares of Secure Trust Bank Plc from GBX 2,585 ($33.43) to GBX 2,470 ($31.95) and set a buy rating on the stock in a research report on Tuesday, August 22nd. Finally, Peel Hunt restated an under review rating on shares of Secure Trust Bank Plc in a report on Tuesday, August 22nd. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Secure Trust Bank Plc currently has an average rating of Buy and a consensus target price of GBX 2,268.50 ($29.34).
Shares of Secure Trust Bank Plc (LON:STB) opened at 1722.50 on Tuesday. Secure Trust Bank Plc has a 52 week low of GBX 1,575.00 and a 52 week high of GBX 2,500.00. The stock has a 50 day moving average price of GBX 1,899.31 and a 200 day moving average price of GBX 2,137.60. The firm’s market capitalization is GBX 318.23 million.
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The firm also recently disclosed a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a GBX 18 ($0.23) dividend. This represents a yield of 1.09%. The ex-dividend date is Thursday, August 31st.
In other Secure Trust Bank Plc news, insider Paul Anthony Lynam acquired 5,890 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were acquired at an average price of GBX 1,719 ($22.23) per share, for a total transaction of £101,249.10 ($130,948.14).
About Secure Trust Bank Plc
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