LON:STAN

Standard Chartered (STAN) Share Price, News & Analysis

GBX 680.60
+9.20 (+1.37%)
(As of 04/23/2024 ET)
Today's Range
676
685.60
50-Day Range
576
702
52-Week Range
571
766.60
Volume
6.62 million shs
Average Volume
7.97 million shs
Market Capitalization
£17.83 billion
P/E Ratio
810.24
Dividend Yield
3.09%
Price Target
GBX 964.67

Standard Chartered MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
41.7% Upside
GBX 964.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
0.07mentions of Standard Chartered in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
£42.51 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

STAN stock logo

About Standard Chartered Stock (LON:STAN)

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. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products. The company provides financial markets products and services that comprise project and export financing; debt capital markets and leveraged financing; financing and securities services; sales and structuring; macro, commodities, and credit trading; and market research services. In addition, it offers digital banking solutions. It serves financial institutions, governments, banks, investors, corporations, small to medium-sized businesses, and individuals. Standard Chartered PLC was founded in 1853 and is headquartered in London, the United Kingdom.

STAN Stock Price History

STAN Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Standard Chartered Favors Japanese Equities
See More Headlines
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Company Calendar

Ex-Dividend for 5/17 Dividend
3/07/2024
Today
4/23/2024
Dividend Payable
5/17/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
84,845
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 964.67
High Stock Price Target
GBX 1,300
Low Stock Price Target
GBX 790
Potential Upside/Downside
+41.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
£3.02 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£16.64 billion
Cash Flow
£120.46 per share
Book Value
GBX 1,629 per share

Miscellaneous

Outstanding Shares
2,620,000,000
Free Float
N/A
Market Cap
£17.83 billion
Optionable
Not Optionable
Beta
0.87
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Key Executives

  • Mr. William Thomas Winters CBE (Age 63)
    Group Chief Executive & Director
    Comp: $4.5M
  • Mr. Diego De Giorgi (Age 54)
    Group CFO & Group Executive Director
  • Mr. Roeland Marinus Marie Louwhoff (Age 59)
    Chief Technology, Operations & Transformation Officer
  • Mr. Steve Brice
    Chief Investment Officer & Head of Discretionary Portfolio Management Division
  • Mr. Sumit Dayal
    Group Head of Corporate Finance
  • Ms. Tracey McDermott CBE (Age 54)
    Group Head of Conduct, Financial Crime & Compliance
  • Dr. Sandra Ngozi Okoro O.B.E. (Age 59)
    Group General Counsel
  • Mr. Simon Kellaway
    Head of Global Sales, Financing & Securities Services
  • Ms. Tanuj Kapilashrami (Age 47)
    Group Head of Human Resources
  • Mr. Pi-Cheng Hung BBS (Age 59)
    J.P., Chief Executive Officer of Asia

Should I Buy Standard Chartered Stock? STAN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Standard Chartered PLC:

  • Standard Chartered PLC operates in various regions globally, providing geographic diversification which can help mitigate risks associated with economic downturns in specific regions.
  • The company offers a wide range of banking products and services, including retail products, wealth management, and transaction banking services, catering to diverse customer needs and potentially increasing revenue streams.
  • Standard Chartered PLC has a strong focus on digital banking solutions, which can enhance customer experience, improve operational efficiency, and drive growth in the digital banking sector.
  • Recent market trends indicate a positive outlook for the banking industry, with increasing demand for financial services and potential growth opportunities in emerging markets.
  • Despite recent fluctuations, the current stock price of Standard Chartered PLC presents a potential value investment opportunity for investors seeking undervalued stocks in the market.

Cons

Investors should be bearish about investing in Standard Chartered PLC for these reasons:

  • Standard Chartered PLC faces regulatory challenges and compliance risks in multiple jurisdictions, which could lead to legal issues, fines, and reputational damage affecting the company's financial performance.
  • The banking industry is highly competitive, with increasing pressure on margins and the need for continuous innovation to stay ahead of competitors, posing challenges for Standard Chartered PLC's market position and profitability.
  • Economic uncertainties and geopolitical tensions in some regions where Standard Chartered PLC operates may impact the company's operations, financial results, and overall business outlook.
  • Fluctuations in interest rates and currency exchange rates can affect the company's profitability and financial stability, exposing investors to risks associated with market volatility and macroeconomic factors.
  • Investors should consider the impact of global economic conditions, such as trade disputes, inflation rates, and pandemic-related disruptions, on Standard Chartered PLC's business operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Standard Chartered pros and cons to contact@marketbeat.com.

STAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Standard Chartered stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STAN shares.
View STAN analyst ratings
or view top-rated stocks.

What is Standard Chartered's stock price target for 2024?

8 Wall Street research analysts have issued twelve-month price objectives for Standard Chartered's shares. Their STAN share price targets range from GBX 790 to GBX 1,300. On average, they anticipate the company's stock price to reach GBX 964.67 in the next year. This suggests a possible upside of 41.7% from the stock's current price.
View analysts price targets for STAN
or view top-rated stocks among Wall Street analysts.

How have STAN shares performed in 2024?

Standard Chartered's stock was trading at GBX 666.60 at the start of the year. Since then, STAN shares have increased by 2.1% and is now trading at GBX 680.60.
View the best growth stocks for 2024 here
.

How often does Standard Chartered pay dividends? What is the dividend yield for Standard Chartered?

Standard Chartered announced a dividend on Friday, February 23rd. Investors of record on Thursday, March 7th will be given a dividend of GBX 0.21 per share on Friday, May 17th. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost from the stock's previous dividend of GBX 0.06. The official announcement can be accessed at this link.
Read our dividend analysis for STAN
.

Is Standard Chartered a good dividend stock?

Standard Chartered (LON:STAN) pays an annual dividend of GBX 21 per share and currently has a dividend yield of 3.14%. The dividend payout ratio is 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for STAN.

What other stocks do shareholders of Standard Chartered own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Standard Chartered investors own include HSBC (HSBA), Lloyds Banking Group (LLOY), Standard Chartered (SCBFF), Barclays (BARC), KAZ Minerals (KAZ), Associated British Foods (ABF), Bank of America (BAC), Intelsat (I), Antofagasta (ANTO) and Glencore (GLEN).

How do I buy shares of Standard Chartered?

Shares of STAN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:STAN) was last updated on 4/23/2024 by MarketBeat.com Staff

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