Secure Trust Bank (LON:STB) Sets New 52-Week High – Time to Buy?

Secure Trust Bank PLC (LON:STBGet Free Report) hit a new 52-week high during 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 trading hands. The stock had previously closed at GBX 1,568.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating and set a GBX 2,300 price objective (up from GBX 2,200) on shares of Secure Trust Bank in a report on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 1,860.

Read Our Latest Report on STB

Secure Trust Bank Stock Up 2.3%

The company has a market cap of £297.22 million, a PE ratio of 18.02, a P/E/G ratio of 0.11 and a beta of 0.96. The firm’s fifty day simple moving average is GBX 1,464.44 and its 200-day simple moving average is GBX 1,400.88.

Secure Trust Bank (LON:STBGet Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported GBX 126.40 earnings per share (EPS) for the quarter. Secure Trust Bank had a return on equity of 4.70% and a net margin of 7.95%. On average, analysts predict that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current year.

Secure Trust Bank Company Profile

(Get Free Report)

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.

Further Reading

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