Peel Hunt Reaffirms Sell Rating for Secure Trust Bank (STB)

Peel Hunt reissued their sell rating on shares of Secure Trust Bank (LON:STB) in a research note released on Thursday.

Other research analysts also recently issued reports about the stock. Shore Capital reaffirmed a buy rating on shares of Secure Trust Bank in a research report on Tuesday, March 13th. Numis Securities reaffirmed an under review rating on shares of Secure Trust Bank in a research report on Thursday, March 22nd. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 2,650 ($35.95) target price on shares of Secure Trust Bank in a research report on Monday, March 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 2,140.20 ($29.03).

Shares of Secure Trust Bank opened at GBX 1,960 ($26.59) on Thursday, Marketbeat Ratings reports. Secure Trust Bank has a fifty-two week low of GBX 1,485.20 ($20.15) and a fifty-two week high of GBX 2,500 ($33.91).

Secure Trust Bank (LON:STB) last announced its quarterly earnings data on Thursday, March 22nd. The company reported GBX 116.40 ($1.58) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 136.50 ($1.85) by GBX (20.10) (($0.27)). The firm had revenue of £129.50 million during the quarter. Secure Trust Bank had a net margin of 16.82% and a return on equity of 9.40%.

The business also recently announced a dividend, which will be paid on Friday, May 25th. Investors of record on Thursday, April 26th will be given a GBX 61 ($0.83) dividend. This represents a dividend yield of 3.56%. This is an increase from Secure Trust Bank’s previous dividend of $18.00. The ex-dividend date of this dividend is Thursday, April 26th.

Secure Trust Bank Company Profile

Secure Trust Bank PLC provides retail banking products and services in the United Kingdom. It operates in six segments: Real Estate Finance, Asset Finance, Commercial Finance, Personal Lending, Motor Finance, and Retail Finance. The Real Estate Finance segment provides finance for commercial and residential real estate developments and investments, as well as for mixed development projects.

Analyst Recommendations for Secure Trust Bank (LON:STB)

Receive News & Ratings for Secure Trust Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Trust Bank and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply