Standard Chartered PLC 0.8% Potential Decrease Indicated by UBS

Broker Ratings
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Standard Chartered PLC using EPIC/TICKER code (LON:STAN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Standard Chartered PLC are listed in the Financials sector within UK Main Market. UBS have set a target price of 690 GBX on its stock. This indicates the analyst believes there is a potential downside of -.8% from the opening price of 695.8 GBX. Over the last 30 and 90 trading days the company share price has increased 43 points and increased 34.6 points respectively. The 52 week high for the stock is 742.6 GBX while the year low share price is currently 543.9 GBX.

Standard Chartered PLC has a 50 day moving average of 668.87 GBX and a 200 day moving average of 666.37. There are currently 3,196,211,847 shares in issue with the average daily volume traded being 8,107,499. Market capitalisation for LON:STAN is £22,304,648,032 GBP.

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    Standard Chartered PLC reports a robust Q3 2024, with a 41% profit increase, driven by Wealth Solutions and Global Markets growth strategies.

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