Standard Chartered PLC Given Average Recommendation of “Hold” by Analysts (LON:STAN)
Standard Chartered PLC (LON:STAN) has earned a consensus rating of “Hold” from the thirty-one brokerages that are presently covering the company, Analyst RN reports. Five analysts have rated the stock with a sell recommendation, sixteen have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 1,414.76 ($23.81).
Standard Chartered PLC (LON:STAN) opened at 1216.00 on Tuesday. Standard Chartered PLC has a 1-year low of GBX 1173.00 and a 1-year high of GBX 1621.50. The stock’s 50-day moving average is GBX 1220. and its 200-day moving average is GBX 1271.81. The company’s market cap is £30.336 billion.
A number of research firms have recently commented on STAN. Analysts at Societe Generale reiterated a “buy” rating on shares of Standard Chartered PLC in a research note on Thursday. They now have a GBX 1,450 ($24.40) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Standard Chartered PLC in a research note on Thursday. They now have a GBX 1,400 ($23.56) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note on Thursday. They now have a GBX 1,150 ($19.35) price target on the stock.
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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