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

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

  • 12/2/2019 – Standard Chartered had its “buy” rating reaffirmed by analysts at Berenberg Bank.
  • 11/27/2019 – Standard Chartered had its “underweight” rating reaffirmed by analysts at Barclays PLC.
  • 11/22/2019 – Standard Chartered had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a GBX 1,000 ($13.07) price target on the stock, down previously from GBX 1,020 ($13.33).
  • 11/19/2019 – Standard Chartered had its “underweight” rating reaffirmed by analysts at Morgan Stanley.
  • 11/15/2019 – Standard Chartered was downgraded by analysts at BNP Paribas to an “underperform” rating.
  • 11/14/2019 – Standard Chartered had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a GBX 1,020 ($13.33) price target on the stock, up previously from GBX 990 ($12.94).
  • 11/7/2019 – Standard Chartered had its “neutral” rating reaffirmed by analysts at Citigroup Inc.
  • 11/5/2019 – Standard Chartered had its price target raised by analysts at HSBC Holdings plc from GBX 570 ($7.45) to GBX 590 ($7.71). They now have a “reduce” rating on the stock.
  • 11/5/2019 – Standard Chartered had its price target raised by analysts at Deutsche Bank AG from GBX 630 ($8.23) to GBX 700 ($9.15). They now have a “hold” rating on the stock.
  • 11/4/2019 – Standard Chartered had its “neutral” rating reaffirmed by analysts at UBS Group AG.
  • 10/31/2019 – Standard Chartered had its “underweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 630 ($8.23) price target on the stock, up previously from GBX 620 ($8.10).
  • 10/30/2019 – Standard Chartered had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/30/2019 – Standard Chartered had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 10/28/2019 – Standard Chartered had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 690 ($9.02) price target on the stock, up previously from GBX 650 ($8.49).
  • 10/18/2019 – Standard Chartered had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a GBX 990 ($12.94) price target on the stock, up previously from GBX 970 ($12.67).
  • 10/17/2019 – Standard Chartered had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/14/2019 – Standard Chartered had its “underweight” rating reaffirmed by analysts at Barclays PLC.

STAN stock traded down GBX 17 ($0.22) during midday trading on Tuesday, reaching GBX 677.20 ($8.85). The company had a trading volume of 6,007,517 shares, compared to its average volume of 7,690,000. The company has a market capitalization of $21.64 billion and a price-to-earnings ratio of 37.21. The stock has a 50 day moving average price of GBX 694.75 and a 200-day moving average price of GBX 680.58. Standard Chartered PLC has a 1-year low of GBX 573.80 ($7.50) and a 1-year high of GBX 742.60 ($9.70).

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments. It offers retail products, such as deposits, savings, mortgages, credit cards, and personal loans; wealth management that include investments, portfolio management, insurance and advices, and planning services; and transaction banking services, such as cash management, payments and transactions, securities services, and trade financing products.

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