Standard Chartered PLC (LON:STAN)‘s stock had its “hold” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday, American Banking News.com reports. They currently have a GBX 1,340 ($21.91) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 3.59% from the company’s current price.
STAN has been the subject of a number of other recent research reports. Analysts at Santander reiterated a “hold” rating on shares of Standard Chartered PLC in a research note to investors on Friday. They now have a GBX 1,646 ($26.91) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Wednesday. They now have a GBX 1,600 ($26.16) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday. They now have a GBX 1,050 ($17.17) price target on the stock. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 1,625.34 ($26.58).
Standard Chartered PLC (LON:STAN) opened at 1302.50 on Friday. Standard Chartered PLC has a 52 week low of GBX 1278.50 and a 52 week high of GBX 1860.50. The stock’s 50-day moving average is GBX 1451. and its 200-day moving average is GBX 1483.. The company’s market cap is £31.494 billion.
Standard Chartered PLC is the 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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