Standard Chartered PLC (STAN) Insider Sells £1,085,767.25 in Stock
Standard Chartered PLC (LON:STAN) insider Bill Winters sold 149,761 shares of the stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of GBX 725 ($9.75), for a total transaction of £1,085,767.25 ($1,460,149.61).
Standard Chartered PLC (STAN) opened at 731.20 on Thursday. Standard Chartered PLC has a one year low of GBX 599.10 and a one year high of GBX 860.00. The company’s market capitalization is GBX 24.04 billion. The company has a 50 day moving average price of GBX 770.39 and a 200-day moving average price of GBX 757.48.
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A number of analysts have weighed in on the stock. Credit Suisse Group set a GBX 615 ($8.27) target price on shares of Standard Chartered PLC and gave the company a “sell” rating in a research report on Wednesday, August 2nd. UBS AG set a GBX 750 ($10.09) target price on shares of Standard Chartered PLC and gave the company a “neutral” rating in a research report on Wednesday, August 2nd. Citigroup Inc. reaffirmed a “buy” rating on shares of Standard Chartered PLC in a research report on Friday, July 21st. Deutsche Bank AG raised their price objective on shares of Standard Chartered PLC from GBX 642 ($8.63) to GBX 674 ($9.06) and gave the stock a “sell” rating in a research report on Tuesday, July 25th. Finally, Goldman Sachs Group, Inc. (The) raised their price objective on shares of Standard Chartered PLC from GBX 960 ($12.91) to GBX 970 ($13.04) and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Eight investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 700.06 ($9.41).
Standard Chartered PLC Company Profile
Standard Chartered PLC is an international banking company. The Banks’s segments include Corporate & Institutional Banking, Retail Banking, Commercial Banking and Private Banking. Its Corporate & Institutional Banking segment allows companies and financial institutions to operate and trade globally, and its Private Banking segment supports high net worth individuals with their banking needs across borders and offers access to global investment opportunities.
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