Secure Trust Bank (LON:STB) Receives House Stock Rating from Shore Capital

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating restated by analysts at Shore Capital in a research report issued to clients and investors on Thursday, Digital Look reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,420 ($17.96) price objective on shares of Secure Trust Bank in a research report on Friday, May 17th.

Secure Trust Bank Stock Up 1.7 %

Shares of Secure Trust Bank stock opened at GBX 782.72 ($9.90) on Thursday. The firm has a market cap of £149.19 million, a PE ratio of 571.33, a P/E/G ratio of 0.11 and a beta of 0.75. Secure Trust Bank has a twelve month low of GBX 550 ($6.96) and a twelve month high of GBX 950 ($12.02). The business has a 50-day moving average price of GBX 774.89 and a 200 day moving average price of GBX 719.78.

Insider Buying and Selling at Secure Trust Bank

In related news, insider David McCreadie bought 2,882 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was acquired at an average price of GBX 690 ($8.73) per share, with a total value of £19,885.80 ($25,152.80). In other news, insider David McCreadie bought 2,882 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of GBX 690 ($8.73) per share, for a total transaction of £19,885.80 ($25,152.80). Also, insider Rachel Lawrence sold 5,848 shares of Secure Trust Bank stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of GBX 695 ($8.79), for a total value of £40,643.60 ($51,408.55). Insiders own 14.59% of the company’s stock.

About Secure Trust Bank

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.