Standard Chartered PLC (LON:STAN - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 1,293 ($17.57) and last traded at GBX 1,287.50 ($17.50), with a volume of 112560539 shares changing hands. The stock had previously closed at GBX 1,258 ($17.10).
Analyst Upgrades and Downgrades
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 issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.75).
View Our Latest Stock Analysis on STAN
Standard Chartered Stock Performance
The firm has a market capitalization of £39.06 billion, a PE ratio of 11.65, a PEG ratio of 0.80 and a beta of 0.85. The company has a fifty day simple moving average of GBX 1,159.44 and a two-hundred day simple moving average of GBX 1,110.09.
About Standard Chartered
(
Get Free Report)
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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