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 ($15.08) 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 reaffirmed a "buy" rating on shares of Standard Chartered in a report on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Standard Chartered has an average rating of "Moderate Buy" and an average target price of GBX 1,085 ($14.75).
View Our Latest Research Report on Standard Chartered
Standard Chartered Stock Up 0.6%
The business has a 50 day simple moving average of GBX 1,155.80 and a 200 day simple moving average of GBX 1,109.06. The company has a market capitalization of £37.98 billion, a PE ratio of 11.33, a PEG ratio of 0.80 and a beta of 0.85.
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.
Further Reading
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