Standard Chartered PLC Rating Reiterated by Numis Securities Ltd (STAN)
Standard Chartered PLC (LON:STAN)‘s stock had its “hold” rating restated by stock analysts at Numis Securities Ltd in a report issued on Friday, AnalystRatings.Net reports. They currently have a GBX 1,340 ($22.51) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 3.60% from the company’s current price.
STAN has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Standard Chartered PLC in a research note on Friday. They now have a GBX 1,550 ($26.03) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Standard Chartered PLC in a research note on Thursday, April 17th. They now have a GBX 1,300 ($21.83) price target on the stock. Finally, analysts at Investec cut their price target on shares of Standard Chartered PLC from GBX 1,700 ($28.55) to GBX 1,600 ($26.87) in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,467.51 ($24.65).
Shares of Standard Chartered PLC (LON:STAN) traded down 0.58% on Friday, hitting GBX 1293.4399. 3,994,964 shares of the company’s stock traded hands. Standard Chartered PLC has a one year low of GBX 1176.50 and a one year high of GBX 1707.5001. The stock’s 50-day moving average is GBX 1263. and its 200-day moving average is GBX 1344.. The company’s market cap is £31.318 billion.
Standard Chartered PLC is a United Kingdom-based 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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