Standard Chartered PLC (LON:STAN - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 1,353 ($18.38) and last traded at GBX 1,352 ($18.37), with a volume of 44717848 shares trading hands. The stock had previously closed at GBX 1,327 ($18.03).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of Standard Chartered in a report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Standard Chartered presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.74).
Get Our Latest Report on STAN
Standard Chartered Price Performance
The business's fifty day moving average price is GBX 1,202.45 and its 200 day moving average price is GBX 1,132.86. The stock has a market cap of £40.84 billion, a P/E ratio of 12.18, a PEG ratio of 0.80 and a beta of 0.85.
Standard Chartered Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Standard Chartered, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Chartered wasn't on the list.
While Standard Chartered currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.