Research Analysts’ Weekly Ratings Updates for Standard Chartered (STAN)

Standard Chartered (LON: STAN) recently received a number of ratings updates from brokerages and research firms:

  • 2/12/2018 – Standard Chartered had its “buy” rating reaffirmed by analysts at Citigroup Inc.
  • 2/5/2018 – Standard Chartered had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 653 ($9.02) price target on the stock.
  • 2/5/2018 – Standard Chartered was upgraded by analysts at Berenberg Bank to a “buy” rating. They now have a GBX 920 ($12.71) price target on the stock, up previously from GBX 700 ($9.67).
  • 1/29/2018 – Standard Chartered had its “reduce” rating reaffirmed by analysts at HSBC Holdings plc. They now have a GBX 630 ($8.70) price target on the stock.
  • 1/25/2018 – Standard Chartered was given a new GBX 980 ($13.54) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 1/15/2018 – Standard Chartered was given a new GBX 760 ($10.50) price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
  • 12/15/2017 – Standard Chartered had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 900 ($12.43) price target on the stock.

Standard Chartered PLC (STAN) traded up GBX 14.30 ($0.20) on Monday, hitting GBX 802.40 ($11.09). The stock had a trading volume of 5,197,220 shares, compared to its average volume of 6,170,000. Standard Chartered PLC has a 12 month low of GBX 678.80 ($9.38) and a 12 month high of GBX 860 ($11.88).

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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