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Standard Chartered PLC 0.8% Potential Upside Indicated by Deutsche Bank

Standard Chartered PLC using EPIC/TICKER code (LON:STAN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Deutsche Bank have set a target price of 620 GBX on its stock. This now indicates the analyst believes there is a possible upside of .8% from today’s opening price of 615 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.3 points and decreased 9.4 points respectively. The 52 week high for the share price is currently at 797.2 GBX while the 52 week low for the stock is 514.2 GBX.

Standard Chartered PLC has a 50 day moving average of 623.08 GBX and a 200 Day Moving Average share price is recorded at 640.04. There are currently 3,309,343,491 shares in issue with the average daily volume traded being 5,277,025. Market capitalisation for LON:STAN is £20,523,191,779 GBP.