Standard Chartered (LON:STAN – Get Free Report) had its price target increased by equities researchers at Citigroup from GBX 2,130 to GBX 2,230 in a research report issued on Thursday,Digital Look reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Citigroup’s price objective would suggest a potential upside of 0.77% from the stock’s current price.
Several other analysts also recently commented on STAN. Shore Capital Group raised shares of Standard Chartered to a “sell” rating in a report on Friday, May 1st. UBS Group reissued a “buy” rating and issued a GBX 2,130 price target on shares of Standard Chartered in a report on Monday, May 18th. JPMorgan Chase & Co. upgraded shares of Standard Chartered to an “overweight” rating and raised their price objective for the stock from GBX 2,220 to GBX 2,270 in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 2,250 price objective on shares of Standard Chartered in a report on Wednesday. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Standard Chartered has a consensus rating of “Hold” and an average target price of GBX 2,022.50.
View Our Latest Stock Report on STAN
Standard Chartered Price Performance
Standard Chartered News Roundup
Here are the key news stories impacting Standard Chartered this week:
- Positive Sentiment: Standard Chartered reported a 10% increase in first-half profit and record income of approximately $11.6 billion, driven by strength in wealth management and global banking. The results reportedly exceeded expectations. Standard Chartered posts 10% rise in first-half profit, launches US$1b buy-back
- Positive Sentiment: The bank announced a share buyback of up to $1 billion to reduce share capital. Buybacks can support earnings per share and signal management confidence in the company’s valuation and capital position. Standard Chartered launches $1bn share buyback to cut share capital
- Positive Sentiment: Standard Chartered set a multi-currency interim dividend of $0.204 per share, adding to the appeal for income-focused investors. Standard Chartered Sets Multi-Currency Interim Dividend for First Half of 2026
- Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 2,250 price target, modestly above the current trading range. Jefferies rating update
- Neutral Sentiment: The bank filed its 2026 half-year report with the U.K. regulator, formally documenting the reported results and capital-return plans. Standard Chartered files 2026 half-year report
- Neutral Sentiment: Kavita Kulkarni was appointed chief technology and operations officer, potentially strengthening the bank’s technology and operating capabilities, although the immediate financial impact is unclear. Standard Chartered names Kavita Kulkarni
- Negative Sentiment: The reported departure of several senior wealth executives in India introduces execution and retention concerns in an important growth business, though the earnings figures indicate current momentum remains strong. Standard Chartered sees exit of several top wealth executives in India
Standard Chartered Company Profile
Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products.
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