Shares of Standard Chartered PLC (LON:STAN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,109.06 ($15.07) and traded as high as GBX 1,250 ($16.98). Standard Chartered shares last traded at GBX 1,250 ($16.98), with a volume of 4,863,144 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of Standard Chartered in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Standard Chartered presently has an average rating of "Moderate Buy" and an average target price of GBX 1,085 ($14.74).
Read Our Latest Stock Report on STAN
Standard Chartered Price Performance
The stock has a market capitalization of £38.71 billion, a PE ratio of 11.54, a P/E/G ratio of 0.80 and a beta of 0.85. The stock has a 50 day moving average of GBX 1,163.28 and a two-hundred day moving average of GBX 1,112.21.
Standard Chartered Company Profile
(
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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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