Standard Chartered PLC 28.7% Potential Upside Indicated by Berenberg

Broker Ratings
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Standard Chartered PLC with EPIC/TICKER (LON:STAN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Berenberg have set a target price of 800 GBX on its stock. This is indicating the analyst believes there is a potential upside of 28.7% from the opening price of 621.5 GBX. Over the last 30 and 90 trading days the company share price has increased 26.9 points and increased 48.5 points respectively. The 1 year high share price is 864.2 GBX while the 52 week low is 514.2 GBX.

Standard Chartered PLC has a 50 day moving average of 615.66 GBX and a 200 day moving average of 653.63. There are currently 3,308,946,754 shares in issue with the average daily volume traded being 5,215,243. Market capitalisation for LON:STAN is £20,790,562,175 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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