Standard Chartered PLC (LON:STAN - Get Free Report) shares hit a new 52-week high during 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 changing hands. The stock had previously closed at GBX 1,258 ($17.09).
Analyst Ratings Changes
Separately, Shore Capital reissued a "buy" rating on shares of Standard Chartered in a research report on Friday, May 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.74).
View Our Latest Analysis on STAN
Standard Chartered Stock Performance
The company has a market cap of £38.93 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The company's 50 day moving average price is GBX 1,159.44 and its 200-day moving average price is GBX 1,110.09.
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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