Research analysts at Morgan Stanley upped their target price on shares of Standard Chartered PLC (LON: STAN) from $28.92 (1924 GBX) to $30.37 (2020 GBX) in a report released on Wednesday. The firm currently has an “overweight” rating on the stock.
Standard Chartered PLC opened at 1815.00 on Wednesday. Standard Chartered PLC has a 52-week low of GBX 1092.00 and a 52-week high of GBX 1802.50. The stock’s 50-day moving average is currently GBX 1442.. The company’s market cap is £43.321 billion.
A number of other firms have also recently commented on STAN. Analysts at Societe Generale reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday. They now have a $28.56 price target on the stock. Separately, analysts at Investec Securities reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday. They now have a $28.56 price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday. They now have a $28.56 price target on the stock.
Standard Chartered PLC is the holding company. The Company operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services.
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