What’s Secure Trust Bank Plc Upside After Today’s Huge Increase?

 What's Secure Trust Bank Plc Upside After Today's Huge Increase?

The stock of Secure Trust Bank Plc (LON:STB) is a huge mover today! The stock increased 3.74% or GBX 79 on November 11, hitting GBX 2189. About 10,382 shares traded hands. Secure Trust Bank Plc (LON:STB) has declined 23.18% since April 14, 2016 and is downtrending. It has underperformed by 29.32% the S&P500.
The move comes after 9 months positive chart setup for the GBX 414.24M company. It was reported on Nov, 11 by Barchart.com. We have GBX 5757.07 PT which if reached, will make LON:STB worth GBX 675.21 million more.

Secure Trust Bank Plc (LON:STB) Ratings Coverage

Out of 3 analysts covering Secure Trust Bank (LON:STB), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Secure Trust Bank has been the topic of 16 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Canaccord Genuity on Thursday, October 15. Shore Capital upgraded Secure Trust Bank Plc (LON:STB) on Tuesday, July 19 to “Buy” rating. The firm earned “Buy” rating on Tuesday, August 9 by Canaccord Genuity. The firm earned “Buy” rating on Monday, October 10 by Shore Capital. The firm earned “Buy” rating on Monday, July 18 by Peel Hunt. Canaccord Genuity maintained it with “Buy” rating and GBX 4000 target price in Monday, March 21 report. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, July 20 report. The rating was maintained by Canaccord Genuity on Thursday, March 17 with “Buy”. The stock of Secure Trust Bank Plc (LON:STB) has “Add” rating given on Monday, October 10 by Peel Hunt. On Wednesday, September 14 the stock rating was maintained by Peel Hunt with “Buy”.

Another recent and important Secure Trust Bank Plc (LON:STB) news was published by Bloomberg.com which published an article titled: “Secure Trust Falls Most Since IPO; Arbuthnot Cuts Majority Stake” on May 27, 2016.

Secure Trust Bank PLC is engaged in providing banking and financial services. The company has a market cap of 414.24 million GBP. The Company’s principal activity is banking, including deposit taking, and secured and unsecured lending. It has a 21.99 P/E ratio.

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