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JP Morgan Cazenove disclosed Standard Chartered PLC (LON:STAN), keeping its stock price target at 800.00GBX today

Just yesterday Standard Chartered PLC (LON:STAN) traded 2.74% lower at 622.15GBX. The company’s 50-day moving average is 632.80GBX and its two hundred day moving average is 550.82GBX. With the last stock price close up 10.28% relative to the 200-day average, compared to the S&P 500 which has fallen -0.01% over the same time. Trading volume was was up over the average, with 12,408,029 shares of STAN changing hands over the typical 8,767,640 shares..

Standard Chartered PLC (LON:STAN) had its target price hold steady to 800GBX by JP Morgan Cazenove in an issued report announced 8/04/2016. The new target price suggests a potential upside of 0.29% based on the bussiness’ previous stock close price.

See Chart Below:

Standard Chartered PLC (LON:STAN)

A total of 21 brokers have reported on the company. Two firms rate the company a strong buy, five analysts rate the company a buy, nine analyts rate the stock a hold, seven analysts rate the company to underperform, and finally two analystsrate the company as sell with a consensus target price of 7.19GBX

With a total market value of 0.0 GBX, Standard Chartered PLC has a P/E of 0 with a 52 week low of 373.40GBX and a one-year high of 753.63GBX.

About Standard Chartered PLC (LON:STAN)

Standard Chartered PLC is an international banking company. The Bank provides personal banking, business banking, wealth management, Islamic banking and online banking services. Its segments include Corporate and Institutional clients, Commercial Clients, Private Banking Clients and Retail Clients. Its Corporate and Institutional clients segment consists of global corporates, local corporates and financial Institutions. The Commercial client segment serves medium-sized businesses managed by relationship managers. The Private Banking client segment provides high net worth clients with a personalized service and a suite of financial products and services. Retail Clients segment serves priority, personal and business clients. Its personal banking offerings include savings and accounts, loans, mortgages, credit cards, insurance and employee banking. Its business banking capabilities include transaction banking, Renminbi services, financial markets, and corporate finance and research.

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