Secure Trust Bank Plc 33.4% potential upside indicated by Canaccord Genuity

Broker Ratings
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Secure Trust Bank Plc with ticker (LON:STB) now has a potential upside of 33.4% according to Canaccord Genuity.



Canaccord Genuity set a target price of 1,848 GBX for the company, which when compared to the Secure Trust Bank Plc share price of 1,230 GBX at opening today (27/10/2021) indicates a potential upside of 33.4%. Trading has ranged between 730 (52 week low) and 1,420 (52 week high) with an average of 9,292 shares exchanging hands daily. The market capitalisation at the time of writing is £229,231,315.

Secure Trust Bank PLC is a United Kingdom-based retail bank. The Company’s diversified lending portfolio focuses on two sectors: Business Finance and Consumer Finance. The Company focuses on Business Finance sector through its Real Estate Finance Asset Finance and Commercial Finance divisions. The Company focuses on Consumer Finance sector through its Motor Finance and Retail Finance divisions. The Company’s lending business is sourced through selected business partners and through online channels.



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