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Standard Chartered PLC 10.9% Potential Decrease Indicated by Barclays Capital

Standard Chartered PLC with EPIC/TICKER (LON:STAN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 630 GBX on its stock. This is indicating the analyst believes there is a potential downside of -10.9% from today’s opening price of 707.2 GBX. Over the last 30 and 90 trading days the company share price has increased 40.4 points and increased 21.2 points respectively. The 1 year high for the share price is 742.6 GBX while the 52 week low for the stock is 541.6 GBX.

Standard Chartered PLC has a 50 day moving average of 666.89 GBX and a 200 Day Moving Average share price is recorded at 665.92. There are currently 3,196,211,847 shares in issue with the average daily volume traded being 8,168,514. Market capitalisation for LON:STAN is £22,406,643,042 GBP.