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Standard Chartered PLC 61.7% Potential Decrease Indicated by RBC Capital Markets

Standard Chartered PLC using EPIC/TICKER code (LON:STAN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at RBC Capital Markets. Standard Chartered PLC are listed in the Financials sector within UK Main Market. RBC Capital Markets have set their target price at 265 GBX on its stock. This is indicating the analyst believes there is a potential downside of -61.7% from today’s opening price of 692 GBX. Over the last 30 and 90 trading days the company share price has decreased 33.6 points and increased 12.6 points respectively. The 52 week high share price is 742.6 GBX while the 52 week low for the stock is 573.8 GBX.

Standard Chartered PLC has a 50 day moving average of 709.23 GBX and a 200 Day Moving Average share price is recorded at 690.98. There are currently 3,196,211,847 shares in issue with the average daily volume traded being 5,640,638. Market capitalisation for LON:STAN is £21,905,124,328 GBP.

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