Standard Chartered PLC (LON:STAN - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,109.06 ($14.96) and traded as high as GBX 1,250 ($16.86). Standard Chartered shares last traded at GBX 1,250 ($16.86), with a volume of 4,863,144 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital restated a "buy" rating on shares of Standard Chartered in a report on Friday, May 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,085 ($14.64).
Get Our Latest Stock Report on Standard Chartered
Standard Chartered Stock Performance
The stock has a market capitalization of £38.71 billion, a P/E 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 1,166.97 and a 200 day moving average of GBX 1,114.28.
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.
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