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Standard Chartered PLC (LON:STAN) target price raised to 560.00GBX, issued a report today by Exane BNP Paribas

Standard Chartered PLC (LON:STAN) had its target price raised to 560.00GBX by Exane BNP Paribas in a report released 10/05/2016. The new target price indicates a possible downside of -0.13% based on the company's last closing price.

Previously on Tuesday October 04, 2016, Exane BNP Paribas reported on Standard Chartered PLC (LON:STAN) held steady the target price at 550.00GBX. At the time, this indicated a possible downside of -0.16%.

Yesterday Standard Chartered PLC (LON:STAN) traded -0.62% lower at 642.00GBX. The company’s 50-day moving average is 633.66GBX and its 200-day moving average is 568.84GBX. The last closing price is up 17.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 351,358 shares of the stock were exchanged, down from an average trading volume of 7,911,330

Performance Chart

Standard Chartered PLC (LON:STAN)

With a total market value of 0 GBX, Standard Chartered PLC has with a one year low of 373.40GBX and a one year high of 753.63GBX .

A total of 21 equity analysts have issued a ratings update on the company. 2 firms rating the stock a strong buy, 5 brokers rating the company a buy, nine equity analysts rating the company a hold, seven brokerages rating the company a underperform, and finally two brokers rating the stock a sell with a average stock price target of 7.19GBX.

Brief Synopsis On 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, corporate finance and research.

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