Standard Chartered PLC 86.2% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Standard Chartered PLC using EPIC/TICKER code (LON:STAN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Standard Chartered PLC are listed in the Financials sector within UK Main Market. Goldman Sachs have set a target price of 850 GBX on its stock. This would imply the analyst believes there is now a potential upside of 86.2% from today’s opening price of 456.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 94 points and decreased 256 points respectively. The 1 year high for the share price is 742.6 GBX while the 52 week low is 400.8 GBX.

Standard Chartered PLC has a 50 day moving average of 581.71 GBX and the 200 Day Moving Average price is recorded at 662.93. There are currently 3,158,372,863 shares in issue with the average daily volume traded being 14,710,214. Market capitalisation for LON:STAN is £13,938,376,693 GBP.

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