Standard Chartered PLC 12% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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Standard Chartered PLC with EPIC/TICKER (LON:STAN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 550 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.0% from today’s opening price of 624.7 GBX. Over the last 30 and 90 trading days the company share price has increased 15.4 points and increased 81.4 points respectively. The 1 year high for the share price is 864.2 GBX while the year low stock price is currently 514.2 GBX.

Standard Chartered PLC has a 50 day moving average of 613.17 GBX and a 200 day moving average of 656.34. There are currently 3,308,946,754 shares in issue with the average daily volume traded being 5,313,024. Market capitalisation for LON:STAN is £20,603,934,607 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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