BNP Paribas reissued their neutral rating on shares of Standard Chartered PLC (LON:STAN) in a research report sent to investors on Wednesday, July 19th. The brokerage currently has a GBX 750 ($9.77) price target on the financial services provider’s stock.
Other analysts have also recently issued research reports about the stock. Citigroup Inc. reiterated a buy rating on shares of Standard Chartered PLC in a research note on Friday, April 21st. Goldman Sachs Group, Inc. (The) reiterated a buy rating and issued a GBX 1,000 ($13.02) price target on shares of Standard Chartered PLC in a research note on Wednesday, May 10th. Shore Capital upgraded shares of Standard Chartered PLC to a buy rating in a research report on Monday, May 15th. Finally, Berenberg Bank cut shares of Standard Chartered PLC to a hold rating and decreased their target price for the company from GBX 750 ($9.77) to GBX 725 ($9.44) in a research report on Thursday, March 23rd. Eight research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 702.71 ($9.15).
Standard Chartered PLC (STAN) traded up 0.04% during trading on Wednesday, hitting GBX 802.80. The stock had a trading volume of 3,578,784 shares. Standard Chartered PLC has a 1-year low of GBX 578.10 and a 1-year high of GBX 821.60. The stock’s 50-day moving average price is GBX 796.85 and its 200-day moving average price is GBX 759.85. The company’s market capitalization is GBX 32.55 billion.
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Standard Chartered PLC Company Profile
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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