Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Secure Trust Bank ( (GB:STB) ) just unveiled an update.
Secure Trust Bank PLC has announced the granting of options over ordinary shares to its directors and persons discharging managerial responsibilities under the STB 2017 Sharesave Plan. This move, involving key figures such as CEO Ian Corfield and PDMR Andrew Phillips, reflects the company’s commitment to employee investment and retention, with options set to vest in November 2028. The exercise price for these options is set at £9.08 per share, indicating a strategic approach to align the interests of the management with the long-term success of the company.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1199.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Spark’s Take on GB:STB Stock
According to Spark, TipRanks’ AI Analyst, GB:STB is a Outperform.
The overall stock score reflects a strong valuation with an attractive P/E ratio and dividend yield, which are significant positives. Technical analysis indicates a positive trend, although short-term momentum is mixed. Financial performance shows stability but highlights concerns over profitability and cash flow, which need addressing to enhance financial health.
To see Spark’s full report on GB:STB stock, click here.
More about Secure Trust Bank
Secure Trust Bank PLC is a well-established UK retail bank with a 72-year history, headquartered in Solihull, West Midlands. The bank operates in two main sectors: Business Finance, through its Real Estate Finance and Commercial Finance divisions, and Consumer Finance, through its Retail Finance and Vehicle Finance divisions. It is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority.
Average Trading Volume: 119,511
Technical Sentiment Signal: Buy
Current Market Cap: £207.8M
For a thorough assessment of STB stock, go to TipRanks’ Stock Analysis page.