Standard Chartered PLC (LON:STAN) shares traded down 0% during mid-day trading on Tuesday . The company traded as low as GBX 789.50 ($10.71) and last traded at GBX 792.80 ($10.75). 4,810,000 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 5,310,000 shares. The stock had previously closed at GBX 792.80 ($10.75).
A number of research analysts have recently issued reports on the company. boosted their target price on Standard Chartered from GBX 620 ($8.41) to GBX 630 ($8.54) and gave the company a “reduce” rating in a report on Thursday, November 2nd. Deutsche Bank boosted their target price on Standard Chartered from GBX 668 ($9.06) to GBX 670 ($9.09) and gave the company a “sell” rating in a report on Wednesday, October 25th. reissued a “reduce” rating and issued a GBX 620 ($8.41) target price on shares of Standard Chartered in a report on Monday, September 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 800 ($10.85) price objective on shares of Standard Chartered in a report on Thursday, November 2nd. Finally, upped their price objective on Standard Chartered from GBX 620 ($8.41) to GBX 630 ($8.54) and gave the stock a “reduce” rating in a report on Thursday, November 2nd. Eight investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 721.82 ($9.79).
Standard Chartered 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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