Home » Reports » Standard Chartered PLC 9.9% Potential Decrease Indicated by Barclays Capital

Standard Chartered PLC 9.9% Potential Decrease Indicated by Barclays Capital

Standard Chartered PLC with EPIC/TICKER (LON:STAN) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERWEIGHT’ today 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 685 GBX on its stock. This would imply the analyst believes there is a potential downside of -9.9% from today’s opening price of 760.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 43.3 points and increased 3.2 points respectively. The 1 year high for the share 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 817.16 GBX and a 200 Day Moving Average share price is recorded at 782.79. There are currently 3,296,924,990 shares in issue with the average daily volume traded being 7,527,338. Market capitalisation for LON:STAN is £25,132,458,796 GBP.

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