A number of other equities research analysts also recently issued reports on STAN. Deutsche Bank AG boosted their target price on shares of Standard Chartered PLC from GBX 474 ($6.19) to GBX 479 ($6.25) and gave the company a sell rating in a report on Thursday, August 4th. Shore Capital restated a hold rating on shares of Standard Chartered PLC in a report on Friday, June 24th. S&P Global Inc. set a GBX 650 ($8.48) target price on shares of Standard Chartered PLC and gave the company a neutral rating in a report on Thursday, August 4th. Societe Generale restated a hold rating and issued a GBX 575 ($7.51) target price on shares of Standard Chartered PLC in a report on Friday, September 9th. Finally, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 800 ($10.44) target price on shares of Standard Chartered PLC in a report on Thursday, August 4th. Eight equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 559.27 ($7.30).
Standard Chartered PLC (LON:STAN) traded up 1.35% on Tuesday, reaching GBX 658.40. The company had a trading volume of 4,672,788 shares. The company’s 50-day moving average price is GBX 632.76 and its 200 day moving average price is GBX 565.92. The firm’s market capitalization is GBX 21.61 billion. Standard Chartered PLC has a 1-year low of GBX 373.40 and a 1-year high of GBX 753.63.
Standard Chartered PLC Company Profile
Standard Chartered PLC is an international banking company. The Bank provides personal banking, business banking, wealth management, Islamic banking and online banking services. Its segments include Corporate and Institutional clients, Commercial Clients, Private Banking Clients and Retail Clients. Its Corporate and Institutional clients segment consists of global corporates, local corporates and financial Institutions.
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