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Barclays Capital reiterated Standard Chartered PLC (LON:STAN) to Underweight in a report released today.

Barclays Capital has reiterated Standard Chartered PLC (LON:STAN) to Underweight in a report released on 11/14/2017.

Previously on 11/03/2017, Credit Suisse released a statement about Standard Chartered PLC (LON:STAN) reduced the target price from 620.00GBX to 610.00GBX. At the time, this indicated a possible downside of -0.14%.

Just yesterday Standard Chartered PLC (LON:STAN) traded -1.62% lower at 725.50GBX. Standard Chartered PLC’s 50-day average is 751.54GBX and its two hundred day average is 759.51GBX. With the last close down 1.46% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Trading volume was down over the average, with 1,586,139 shares of STAN changing hands under the typical 6,701,220

Performance Chart

Standard Chartered PLC (LON:STAN)

With a total market value of 0 GBX, Standard Chartered PLC has price-earnings ratio of 963.25 with a one year low of 609.60GBX and a one year high of 860.00GBX .

A total of 21 equity analysts have released a ratings update on STAN. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, nine equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 7.19GBX.

Brief Synopsis About Standard Chartered PLC (LON:STAN)

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. Its Retail Banking segment offers clients, as well as small businesses a range of banking support solutions, and its Commercial Banking segment provides mid-sized companies with financial solutions and services. Its personal banking offerings include investments and employee banking. Its business banking capabilities include transaction banking, Islamic banking and global research. Its private banking offerings include online services and its e-magazine.

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