Secure Trust Bank (LON:STB) Stock Price Crosses Below 200 Day Moving Average of $1,389.69

Secure Trust Bank Plc (LON:STB) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1,389.69 and traded as low as $1,380.00. Secure Trust Bank shares last traded at $1,380.00, with a volume of 210 shares changing hands.

STB has been the topic of a number of recent analyst reports. Peel Hunt reiterated a “reduce” rating and set a GBX 1,300 ($16.99) price target on shares of Secure Trust Bank in a report on Wednesday, October 16th. Shore Capital reissued a “buy” rating on shares of Secure Trust Bank in a research report on Wednesday, October 16th. Finally, Peel Hunt restated a “reduce” rating and issued a GBX 1,300 ($16.99) price objective on shares of Secure Trust Bank in a research note on Wednesday, October 16th. Three analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. Secure Trust Bank has a consensus rating of “Hold” and a consensus target price of GBX 1,403.50 ($18.34).

The firm has a market cap of $254.99 million and a P/E ratio of 8.54. The firm’s 50-day simple moving average is GBX 1,399.47 and its 200 day simple moving average is GBX 1,389.44.

Secure Trust Bank Company Profile (LON:STB)

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

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