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Standard Chartered PLC (LON:STAN) target price held steady at 570.00GBX, reported today by Credit Suisse

Credit Suisse hold steady the target of Standard Chartered PLC (LON:STAN) at 570.00GBX stating a potential downside of -0.17%.

Previously on 04/06/2017, Citigroup reported on Standard Chartered PLC (LON:STAN) held steady the target price at 890.00GBX. At the time, this indicated a possible upside of 0.20%.

Yesterday Standard Chartered PLC (LON:STAN) traded -0.34% lower at 684.80GBX. The company’s 50-day moving average is 734.95GBX and its 200-day moving average is 706.13GBX. The last closing price is down -3.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 3,213,708 shares of the stock were exchanged, down from an average trading volume of 7,665,050

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Standard Chartered PLC (LON:STAN)

Standard Chartered PLC has a 52 week low of 471.34GBX and a 52 week high of 821.60GBX The company’s market cap is currently 0 GBX.

In addition to Credit Suisse reporting its target price, a total of 21 brokers have issued a report on the stock. The consensus target price is 7.19GBX with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 9 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

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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