Standard Chartered PLC (LON:STAN - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,331.50 ($17.87) and last traded at GBX 1,315 ($17.65), with a volume of 10516198 shares. The stock had previously closed at GBX 1,305 ($17.52).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a "buy" rating on shares of Standard Chartered in a research report on Friday, May 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.56).
Check Out Our Latest Research Report on STAN
Standard Chartered Trading Up 0.1%
The stock has a market capitalization of £40.30 billion, a PE ratio of 12.02, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The company's 50-day moving average is GBX 1,191.76 and its 200 day moving average is GBX 1,125.78.
About Standard Chartered
(
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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.
Further Reading
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