Standard Chartered (STAN) Stock Rating Reaffirmed by Citigroup
A number of other analysts also recently weighed in on STAN. Societe Generale reiterated a hold rating on shares of Standard Chartered in a report on Monday, October 23rd. Deutsche Bank increased their price target on Standard Chartered from GBX 668 ($9.23) to GBX 670 ($9.26) and gave the stock a sell rating in a report on Wednesday, October 25th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 800 ($11.05) price target on shares of Standard Chartered in a report on Thursday, November 2nd. increased their price target on Standard Chartered from GBX 620 ($8.57) to GBX 630 ($8.70) and gave the stock a reduce rating in a report on Thursday, November 2nd. Finally, Barclays reiterated an underweight rating on shares of Standard Chartered in a report on Thursday, November 2nd. Seven investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Standard Chartered currently has a consensus rating of Hold and a consensus price target of GBX 733.07 ($10.13).
Shares of Standard Chartered (STAN) opened at GBX 818.70 ($11.31) on Monday. Standard Chartered has a 1-year low of GBX 678.80 ($9.38) and a 1-year high of GBX 860 ($11.88).
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Standard Chartered PLC is an international banking company. The Banks’s segments include Corporate & Institutional Banking, Retail Banking, Commercial Banking and Private Banking. Its Corporate & Institutional Banking segment allows companies and financial institutions to operate and trade globally, and its Private Banking segment supports high net worth individuals with their banking needs across borders and offers access to global investment opportunities.
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