Peel Hunt upgraded shares of Secure Trust Bank Plc (LON:STB) to a buy rating in a report published on Wednesday morning. The firm currently has GBX 2,850 ($35.36) price objective on the stock, up from their prior price objective of GBX 2,500 ($31.01).
A number of other analysts have also recently weighed in on the stock. Canaccord Genuity restated a buy rating and issued a GBX 2,585 ($32.07) price target on shares of Secure Trust Bank Plc in a report on Thursday, October 13th. Shore Capital reaffirmed a buy rating on shares of Secure Trust Bank Plc in a research report on Monday, October 10th.
Secure Trust Bank Plc (LON:STB) opened at 2163.00 on Wednesday. Secure Trust Bank Plc has a 52-week low of GBX 1,550.00 and a 52-week high of GBX 3,425.00. The company’s market capitalization is GBX 393.47 million. The firm has a 50 day moving average of GBX 2,294.25 and a 200-day moving average of GBX 2,295.96.
In related news, insider David Nield sold 35,417 shares of the stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of GBX 2,200 ($27.29), for a total value of £779,174 ($966,597.20). Also, insider Michael Bruce Forsyth acquired 100 shares of the firm’s stock in a transaction that occurred on Wednesday, October 12th. The stock was bought at an average cost of GBX 2,400 ($29.77) per share, with a total value of £2,400 ($2,977.30).