Shares in Standard Chartered jumped in morning trading as profits nearly doubled in its first quarter.
STAN has been the topic of a number of other research reports.
Deutsche Bank on Thursday retained Standard Chartered PLC's analyst rating as "Sell" with its price target of 642 highlighting a potential decrease of -15.23% from Standard Chartered PLC's current price of 757.3.
During the previous year Standard Chartered PLC's shares have increased by 38.28% from 520.6 to 719.9. Sanford C. Bernstein restated an outperform rating and set a GBX 1,000 ($12.78) target price on shares of Standard Chartered PLC in a research report on Thursday, February 9th. Two brokerages rating the company a strong buy, five brokerages rating the company a buy, nine brokerages rating the company a hold, seven brokerages rating the company a underperform, and finally two brokerages rating the company a sell with a 12-month price target of 7.19GBX. The company has an average rating of "Hold" and a consensus target price of GBX 677.22 ($8.66).
Standard Chartered PLC (LON:STAN) opened at 718.50 on Friday.
The company has a 50 day moving average of 732.52 and a 200 day moving average of 708.4. The company's market cap is GBX 24.82 billion. The 52 week high Standard Chartered's shares have reached is 821.6 whilst the 52 week low for the company's shares is 471.34.
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The stock's market capitalization is 825.40M, it has a 52-week low of 6.25 and a 52-week high of 22.01. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas. (NYSE:DYN) for 33,255 shares.
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On 4/21/2017, Credit Suisse released a statement about Standard Chartered PLC (LON:STAN) maintained the target price at 570.00GBX that suggested a downside of -0.17%.
"There was more new money in the market, and we got more than our share of it", said Halford. The shares were sold at an average price of GBX 727 ($9.29), for a total transaction of £44,746.85 ($57,206.41).
Almost half of the 19 analysts listed by Factset FDS as covering Standard Chartered have rated it as a sell in recent months, while only five have advocated buying it. Its segments include Corporate and Institutional clients, Commercial Clients, Private Banking Clients and Retail Clients.
In Corporate & Institutional Banking, improvement in financial markets and higher cash management margins were offset by lower income from Corporate Finance.
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