Several analysts have recently updated their ratings and price targets for Standard Chartered PLC (LON: STAN):

  • 9/26/2017 – Standard Chartered PLC had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 668 ($8.86) price target on the stock.
  • 9/20/2017 – Standard Chartered PLC had its price target lowered by analysts at Berenberg Bank from GBX 725 ($9.62) to GBX 700 ($9.29). They now have a “hold” rating on the stock.
  • 9/19/2017 – Standard Chartered PLC had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 668 ($8.86) price target on the stock.
  • 9/18/2017 – Standard Chartered PLC had its “reduce” rating reaffirmed by analysts at HSBC Holdings plc. They now have a GBX 620 ($8.22) price target on the stock.

Shares of Standard Chartered PLC (LON STAN) opened at 776.90 on Wednesday. The firm’s 50-day moving average is GBX 752.98 and its 200 day moving average is GBX 757.29. Standard Chartered PLC has a 52 week low of GBX 609.60 and a 52 week high of GBX 860.00. The firm’s market capitalization is GBX 25.54 billion.

In other Standard Chartered PLC news, insider Bill Winters sold 149,761 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of GBX 725 ($9.62), for a total value of £1,085,767.25 ($1,440,200.62).

Standard Chartered PLC is an international banking company. The Banks’s segments include Corporate & Institutional Banking, Retail Banking, Commercial Banking and Private Banking. Its Corporate & Institutional Banking segment allows companies and financial institutions to operate and trade globally, and its Private Banking segment supports high net worth individuals with their banking needs across borders and offers access to global investment opportunities.

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