Secure Trust Bank Plc (LON:STB)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity in a report issued on Thursday. They currently have a GBX 2,585 ($31.99) target price on the stock. Canaccord Genuity’s target price suggests a potential upside of 9.53% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Peel Hunt reissued a “buy” rating and issued a GBX 3,800 ($47.03) target price on shares of Secure Trust Bank Plc in a report on Wednesday, June 22nd. Shore Capital reissued a “buy” rating on shares of Secure Trust Bank Plc in a report on Wednesday, July 6th.

Shares of Secure Trust Bank Plc (LON:STB) traded up 1.69% during mid-day trading on Thursday, hitting GBX 2400.00. The stock had a trading volume of 684 shares. The stock’s 50-day moving average is GBX 2,285.79 and its 200 day moving average is GBX 2,418.99. Secure Trust Bank Plc has a 12 month low of GBX 1,550.00 and a 12 month high of GBX 3,425.00. The company’s market cap is GBX 436.58 million.

The firm also recently declared a dividend, which was paid on Friday, September 23rd. Investors of record on Thursday, August 25th were paid a dividend of GBX 17 ($0.21) per share. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend was Thursday, August 25th.

In other Secure Trust Bank Plc news, insider Forsyth,Michael Bruce bought 1,200 shares of the company’s stock in a transaction that occurred on Tuesday, July 19th. The shares were purchased at an average cost of GBX 1,990 ($24.63) per share, for a total transaction of £23,880 ($29,554.46).

About Secure Trust Bank Plc

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