Shares of Secure Trust Bank PLC (LON:STB – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,660 and last traded at GBX 1,604, with a volume of 66544 shares. The stock had previously closed at GBX 1,568.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reiterated a “house stock” rating and set a GBX 2,300 target price (up from GBX 2,200) on shares of Secure Trust Bank in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Secure Trust Bank has a consensus rating of “Buy” and a consensus price target of GBX 1,860.
Read Our Latest Stock Analysis on STB
Secure Trust Bank Stock Performance
Secure Trust Bank (LON:STB – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported GBX 126.40 earnings per share for the quarter. Secure Trust Bank had a return on equity of 4.70% and a net margin of 7.95%. Research analysts predict that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.
About Secure Trust Bank
Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands.
The Group’s diversified lending portfolio currently focuses on two sectors:
• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.
Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.
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