BNP Paribas restated their underperform rating on shares of Standard Chartered PLC (LON:STAN) in a report published on Thursday morning. BNP Paribas currently has a GBX 550 ($7.18) target price on the stock.
Several other equities research analysts also recently issued reports on STAN. Royal Bank Of Canada restated an underperform rating and set a GBX 300 ($3.92) price objective on shares of Standard Chartered PLC in a report on Thursday, May 26th. Goldman Sachs Group Inc. restated a buy rating and set a GBX 720 ($9.40) price objective on shares of Standard Chartered PLC in a report on Wednesday, June 1st. Societe Generale restated a hold rating on shares of Standard Chartered PLC in a report on Friday, June 17th. Deutsche Bank AG restated a sell rating and set a GBX 480 ($6.27) price objective (up from GBX 454 ($5.93)) on shares of Standard Chartered PLC in a report on Friday, June 24th. Finally, Shore Capital restated a hold rating on shares of Standard Chartered PLC in a report on Friday, June 24th. Eight research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. Standard Chartered PLC presently has an average rating of Hold and a consensus target price of GBX 559.27 ($7.30).
Shares of Standard Chartered PLC (LON:STAN) opened at 610.10 on Thursday. The firm’s market capitalization is GBX 20.02 billion. Standard Chartered PLC has a one year low of GBX 373.40 and a one year high of GBX 753.63. The company’s 50 day moving average price is GBX 636.46 and its 200 day moving average price is GBX 560.00.
Standard Chartered PLC Company Profile
Standard Chartered PLC is an international banking company. The Bank provides personal banking, business banking, wealth management, Islamic banking and online banking services. Its segments include Corporate and Institutional clients, Commercial Clients, Private Banking Clients and Retail Clients. Its Corporate and Institutional clients segment consists of global corporates, local corporates and financial Institutions.
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