Analysts’ Weekly Ratings Updates for Standard Chartered (STAN)

Standard Chartered (LON: STAN) has recently received a number of price target changes and ratings updates:

  • 11/14/2018 – Standard Chartered had its price target lowered by analysts at Credit Suisse Group AG from GBX 545 ($7.12) to GBX 535 ($6.99). They now have an “underperform” rating on the stock.
  • 11/2/2018 – Standard Chartered had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 595 ($7.77) price target on the stock, down previously from GBX 600 ($7.84).
  • 11/1/2018 – Standard Chartered had its price target lowered by analysts at Barclays PLC from GBX 685 ($8.95) to GBX 600 ($7.84). They now have an “underweight” rating on the stock.
  • 11/1/2018 – Standard Chartered had its price target lowered by analysts at HSBC Holdings plc from GBX 630 ($8.23) to GBX 610 ($7.97). They now have a “hold” rating on the stock.
  • 11/1/2018 – Standard Chartered had its price target lowered by analysts at Deutsche Bank AG from GBX 650 ($8.49) to GBX 620 ($8.10). They now have a “hold” rating on the stock.
  • 10/31/2018 – Standard Chartered had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 10/26/2018 – Standard Chartered had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 600 ($7.84) price target on the stock.
  • 10/23/2018 – Standard Chartered had its price target lowered by analysts at Credit Suisse Group AG from GBX 690 ($9.02) to GBX 545 ($7.12). They now have an “underperform” rating on the stock.
  • 10/23/2018 – Standard Chartered had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 10/17/2018 – Standard Chartered had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 600 ($7.84) price target on the stock, down previously from GBX 735 ($9.60).
  • 10/16/2018 – Standard Chartered had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 930 ($12.15) to GBX 900 ($11.76). They now have an “overweight” rating on the stock.
  • 10/2/2018 – Standard Chartered had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 10/2/2018 – Standard Chartered had its price target lowered by analysts at Citigroup Inc from GBX 910 ($11.89) to GBX 850 ($11.11). They now have a “buy” rating on the stock.

Shares of LON STAN opened at GBX 578.40 ($7.56) on Wednesday. Standard Chartered PLC has a 1-year low of GBX 678.80 ($8.87) and a 1-year high of GBX 864.20 ($11.29).

In other Standard Chartered news, insider Bill Winters purchased 140,000 shares of the business’s stock in a transaction that occurred on Monday, November 5th. The shares were acquired at an average price of GBX 576 ($7.53) per share, for a total transaction of £806,400 ($1,053,704.43). Also, insider José Viñals purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was acquired at an average price of GBX 582 ($7.60) per share, for a total transaction of £58,200 ($76,048.61).

Standard Chartered PLC provides various banking products and services in the Greater China and North Asia, ASEAN and South Asia, Africa and the Middle East, and Europe and America. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking.

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