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Standard Chartered PLC 9.1% Potential Decrease Indicated by Barclays Capital

Standard Chartered PLC using EPIC/TICKER code (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 their target price at 650 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.1% from today’s opening price of 715.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 6 points and increased 56.8 points respectively. The 1 year high stock price is 742.6 GBX while the 52 week low is 573.8 GBX.

Standard Chartered PLC has a 50 day moving average of 711.40 GBX and a 200 Day Moving Average share price is recorded at 690.11. There are currently 3,196,211,847 shares in issue with the average daily volume traded being 5,597,889. Market capitalisation for LON:STAN is £22,636,323,684 GBP.

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