Standard Chartered PLC Rating Reiterated by Investec (STAN)

Standard Chartered PLC (LON: STAN)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report released on Tuesday. They currently have a $28.56 (1900 GBX) target price on the stock.

Standard Chartered PLC opened at 1828.0001 on Tuesday. 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 £43.631 billion.

STAN has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Standard Chartered PLC in a research note to investors on Friday, January 18th. They now have a $16.17 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of Standard Chartered PLC in a research note to investors on Monday, December 17th. They now have a $25.89 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Standard Chartered PLC in a research note to investors on Thursday, December 13th. They now have a $26.74 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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