Sanford C. Bernstein Reaffirms Underperform Rating on Standard Chartered PLC (STAN)
Standard Chartered PLC (LON: STAN)‘s stock had its “underperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Friday. They currently have a $15.00 (930 GBX) target price on the stock.
Shares of Standard Chartered PLC opened at 1486.50 on Friday. Standard Chartered PLC has a 52 week low of GBX 1092.00 and a 52 week high of GBX 1664.50. The company’s market cap is £35.480 billion.
Several other analysts have also recently commented on the stock. Analysts at Grupo Santander reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Monday. They now have a $31.61 price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Standard Chartered PLC in a research note to investors on Tuesday, September 4th. They now have a $28.57 price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Standard Chartered PLC in a research note to investors on Friday, August 31st. They now have a $25.40 price target on the stock.
Standard Chartered PLC is the holding company. The Company operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services.
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