Standard Chartered PLC’s “Overweight” Rating Reaffirmed at JPMorgan Chase & Co. (STAN)
A number of other firms have also recently commented on STAN. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note on Monday. They now have a GBX 1,150 ($19.22) price target on the stock. Separately, analysts at Nomura cut their price target on shares of Standard Chartered PLC from GBX 1,580 ($26.41) to GBX 1,480 ($24.74) in a research note on Monday, August 11th. They now have a “buy” rating on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Standard Chartered PLC in a research note on Thursday, August 7th. They now have a GBX 1,450 ($24.24) price target on the stock. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,411.31 ($23.59).
Standard Chartered PLC (LON:STAN) opened at 1218.00 on Wednesday. Standard Chartered PLC has a one year low of GBX 1173.00 and a one year high of GBX 1581.00. The stock has a 50-day moving average of GBX 1214. and a 200-day moving average of GBX 1266.31. The company’s market cap is £30.019 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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