Standard Chartered PLC (LON:STAN) was down 0% during mid-day trading on Monday . The company traded as low as GBX 816 ($11.07) and last traded at GBX 816.10 ($11.07). Approximately 5,980,561 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 5,460,000 shares. The stock had previously closed at GBX 816.10 ($11.07).
A number of equities research analysts recently issued reports on STAN shares. Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 610 ($8.27) target price on shares of Standard Chartered in a research note on Monday, November 27th. Societe Generale reaffirmed a “hold” rating on shares of Standard Chartered in a research note on Monday, October 23rd. Deutsche Bank upped 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 research note on Wednesday, October 25th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 700 ($9.49) target price on shares of Standard Chartered in a research note on Wednesday, November 29th. Finally, Barclays reaffirmed an “underweight” rating and issued a GBX 620 ($8.41) target price on shares of Standard Chartered in a research note on Tuesday, November 14th. Seven investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. Standard Chartered has a consensus rating of “Hold” and a consensus price target of GBX 745.81 ($10.11).
ILLEGAL ACTIVITY WARNING: “Standard Chartered (STAN) Trading Down 0%” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://ledgergazette.com/2018/01/15/standard-chartered-stan-trading-down-0-2.html.
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.
Receive News & Ratings for Standard Chartered Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered and related companies with MarketBeat.com's FREE daily email newsletter.