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Secure Trust Bank ( (GB:STB) ) has provided an update.
Secure Trust Bank PLC announced that Andrew Phillips, a Person Discharging Managerial Responsibilities (PDMR), purchased 10 ordinary shares of the company through an automated Dividend Reinvestment Plan at a price of £9.267 per share. This transaction, conducted on the London Stock Exchange, reflects internal confidence in the company’s financial health and could potentially influence stakeholder perceptions positively.
The most recent analyst rating on (GB:STB) stock is a Hold with a £1029.00 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 Neutral.
The overall stock score reflects a mixed financial performance with stable revenue but pressured profitability margins and cash flow challenges. Technical indicators suggest a potential reversal from a bearish trend, while the valuation indicates the stock is undervalued with a reasonable dividend yield.
To see Spark’s full report on GB:STB stock, click here.
More about Secure Trust Bank
Secure Trust Bank is a well-established UK retail bank with over 70 years of trading history, operating mainly from its head office in Solihull, West Midlands. The bank’s diversified lending portfolio focuses on business finance through its Real Estate Finance and Commercial Finance divisions, and consumer finance through its Vehicle Finance and Retail Finance divisions. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Average Trading Volume: 128,272
Technical Sentiment Signal: Buy
Current Market Cap: £174.8M
Find detailed analytics on STB stock on TipRanks’ Stock Analysis page.