Standard Chartered PLC Receives Neutral Rating from BNP Paribas (STAN)
Standard Chartered PLC (LON:STAN)‘s stock had its “neutral” rating reiterated by equities researchers at BNP Paribas in a research report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 1,400 ($23.07) target price on the stock. BNP Paribas’ target price points to a potential upside of 12.90% from the stock’s previous close.
Standard Chartered PLC (LON:STAN) opened at 1240.00 on Friday. Standard Chartered PLC has a 52-week low of GBX 1225.50 and a 52-week high of GBX 1860.50. The stock has a 50-day moving average of GBX 1322. and a 200-day moving average of GBX 1444.. The company’s market cap is £29.983 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note to investors on Thursday. They now have a GBX 1,100 ($18.12) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note to investors on Wednesday, January 22nd. They now have a GBX 1,250 ($20.60) price target on the stock. Seven research analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,558.08 ($25.67).
Standard Chartered PLC is the holding company. The Company operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services.
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