Standard Chartered PLC (LON:STAN - Get Free Report)'s share price crossed 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 ($16.99). Standard Chartered shares last traded at GBX 1,250 ($16.99), with a volume of 4,863,144 shares.
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 research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,085 ($14.75).
View Our Latest Stock Analysis on STAN
Standard Chartered Trading Up 2.2%
The business's fifty day moving average is GBX 1,159.44 and its 200 day moving average is GBX 1,110.09. The company has a market cap of £38.83 billion, a P/E ratio of 11.58, a PEG ratio of 0.80 and a beta of 0.85.
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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