Standard Chartered PLC 50.9% Potential Upside Indicated by Jefferies International

Broker Ratings
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Standard Chartered PLC using EPIC/TICKER code (LON:STAN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Jefferies International have set a target price of 575 GBX on its stock. This is indicating the analyst believes there is a potential upside of 50.9% from today’s opening price of 381.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.2 points and decreased 176.9 points respectively. The 1 year high stock price is 742.6 GBX while the 52 week low for the share price is 368.4 GBX.

Standard Chartered PLC has a 50 day moving average of 421.67 GBX and a 200 day moving average of 605.61. There are currently 3,156,182,262 shares in issue with the average daily volume traded being 8,620,108. Market capitalisation for LON:STAN is £12,334,750,894 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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