Home » Reports » Standard Chartered PLC 15% Potential Decrease Indicated by Morgan Stanley

Standard Chartered PLC 15% Potential Decrease Indicated by Morgan Stanley

Standard Chartered PLC with EPIC/TICKER (LON:STAN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Morgan Stanley. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 700 GBX on its stock. This is indicating the analyst believes there is a potential downside of -15.0% from today’s opening price of 823.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 15 points and increased 78.8 points respectively. The 1 year high stock price is 864.2 GBX while the 52 week low for the stock is 678.8 GBX.

Standard Chartered PLC has a 50 day moving average of 816.67 GBX and a 200 Day Moving Average share price is recorded at 780.59. There are currently 481,524,640 shares in issue with the average daily volume traded being 6,006,383. Market capitalisation for LON:STAN is £27,040,178,200 GBP.

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