Standard Chartered PLC 8.3% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Standard Chartered PLC using EPIC/TICKER code (LON:STAN) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Credit Suisse. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Credit Suisse have set their target price at 480 GBX on its stock. This now indicates the analyst believes there is a possible upside of 8.3% from the opening price of 443.4 GBX. Over the last 30 and 90 trading days the company share price has increased 12.8 points and increased 58.3 points respectively. The 1 year high for the stock price is 740.8 GBX while the 52 week low for the stock is 368.4 GBX.

Standard Chartered PLC has a 50 day moving average of 432.82 GBX and a 200 day moving average of 561.91. There are currently 3,156,182,262 shares in issue with the average daily volume traded being 5,993,363. Market capitalisation for LON:STAN is £13,867,007,310 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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