Standard Chartered PLC Stock Rating Reaffirmed by BNP Paribas (STAN)
Standard Chartered PLC (LON:STAN)‘s stock had its “neutral” rating reiterated by BNP Paribas in a research note issued on Wednesday. They currently have a GBX 1,300 ($21.79) price objective on the stock. BNP Paribas’ price objective points to a potential downside of 3.27% from the stock’s previous close.
A number of other firms have also recently commented on STAN. Analysts at Societe Generale reiterated a “buy” rating on shares of Standard Chartered PLC in a research note on Tuesday, May 27th. They now have a GBX 1,550 ($25.98) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note on Friday, May 23rd. They now have a GBX 1,050 ($17.60) price target on the stock. Finally, analysts at Macquarie reiterated a “neutral” rating on shares of Standard Chartered PLC in a research note on Friday, May 16th. They now have a GBX 1,380 ($23.13) price target on the stock. Five 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. Standard Chartered PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 1,462.40 ($24.52).
Shares of Standard Chartered PLC (LON:STAN) opened at 1337.50 on Wednesday. Standard Chartered PLC has a one year low of GBX 1176.50 and a one year high of GBX 1621.50. The stock has a 50-day moving average of GBX 1316.43 and a 200-day moving average of GBX 1310.06. The company’s market cap is £32.385 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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