Breaking Finance News

Peel Hunt announced Secure Trust Bank PLC (LON:STB), bumping up its stock price target to 2,850.00GBX today

Just yesterday Secure Trust Bank PLC (LON:STB) traded -2.93% lower at 0.00GBX. Secure Trust Bank PLC’s 50-day moving average is 2,302.27GBX and its 200-day moving average is 2,307.13GBX. The last stock price is down -6.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 777 shares of STB traded hands, down from an average trading volume of 15,944

In a report released on 11/23/2016 Peel Hunt increased the stock price target of Secure Trust Bank PLC (LON:STB) from 2,500.00GBX to 2,850.00GBX reporting a possible upside of 0%.

Previously on 1/14/2016, Canaccord Genuity released a statement about Secure Trust Bank PLC (LON:STB) held steady the target price at 4,000.00GBX. At the time, this indicated a possible upside of 0.23%.

Recent Performance Chart

Secure Trust Bank PLC (LON:STB)

Secure Trust Bank PLC has 52 week low of 1,550.00GBX and a 52 week high of 3,425.00GBX with a PE ratio of 2.75 and has a market capitalization of 0 GBX.

In addition to Peel Hunt reporting its stock price target, a total of 3 brokerages have issued a research note on the company. The average stock price target is 3,533.33GBX with 2 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Secure Trust Bank PLC (LON:STB)

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.

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