Standard Chartered PLC 31.5% Potential Upside Indicated by JP Morgan Cazenove

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 ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Standard Chartered PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 820 GBX on its stock. This now indicates the analyst believes there is a possible upside of 31.5% from the opening price of 623.7 GBX. Over the last 30 and 90 trading days the company share price has increased 31.5 points and increased 88.9 points respectively. The 52 week high share price is 864.2 GBX while the year low share price is currently 514.2 GBX.

Standard Chartered PLC has a 50 day moving average of 609.12 GBX and a 200 day moving average of 660.02. There are currently 3,308,946,754 shares in issue with the average daily volume traded being 6,098,918. Market capitalisation for LON:STAN is £20,925,961,980 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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