Standard Chartered PLC (LON:STAN - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,293 ($17.57) and last traded at GBX 1,287.50 ($17.49), with a volume of 112560539 shares traded. The stock had previously closed at GBX 1,258 ($17.09).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of Standard Chartered in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.74).
Get Our Latest Analysis on Standard Chartered
Standard Chartered Stock Down 0.4%
The stock has a market capitalization of £38.71 billion, a price-to-earnings ratio of 11.54, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The firm has a 50-day moving average of GBX 1,163.28 and a two-hundred day moving average of GBX 1,112.21.
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.
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