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Standard Chartered PLC 2.2% Potential Decrease Indicated by Deutsche Bank

Standard Chartered PLC using EPIC/TICKER code (LON:STAN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Deutsche Bank have set their target price at 700 GBX on its stock. This indicates the analyst believes there is a potential downside of -2.2% from today’s opening price of 715.6 GBX. Over the last 30 and 90 trading days the company share price has increased 78.2 points and increased 77.8 points respectively. The 52 week high share price is 742.6 GBX while the 52 week low is 560 GBX.

Standard Chartered PLC has a 50 day moving average of 671.45 GBX and a 200 Day Moving Average share price is recorded at 667.23. There are currently 3,196,211,847 shares in issue with the average daily volume traded being 7,613,395. Market capitalisation for LON:STAN is £23,325,954,785 GBP.