Standard Chartered PLC 70% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Standard Chartered PLC with EPIC/TICKER (LON:STAN) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Goldman Sachs have set their target price at 730 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 70.0% from today’s opening price of 429.3 GBX. Over the last 30 and 90 trading days the company share price has increased 27 points and decreased 14.7 points respectively. The 52 week high share price is 742.6 GBX while the year low share price is currently 368.4 GBX.

Standard Chartered PLC has a 50 day moving average of 418.31 GBX and a 200 day moving average of 594.63. There are currently 3,156,182,262 shares in issue with the average daily volume traded being 8,666,661. Market capitalisation for LON:STAN is £13,604,846,970 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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