Shares of Standard Chartered PLC (LON:STAN) traded down 0% during mid-day trading on Monday . The stock traded as low as GBX 816 ($11.07) and last traded at GBX 816.10 ($11.07). 5,980,561 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 5,460,000 shares. The stock had previously closed at GBX 816.10 ($11.07).

Several brokerages have recently weighed in on STAN. raised their target price on Standard Chartered from GBX 620 ($8.41) to GBX 630 ($8.54) and gave the company a “reduce” rating in a research note on Thursday, November 2nd. UBS Group set a GBX 760 ($10.31) target price on Standard Chartered and gave the company a “neutral” rating in a research note on Monday. Deutsche Bank raised their target price on Standard Chartered from GBX 668 ($9.06) to GBX 670 ($9.09) and gave the company a “sell” rating in a research note on Wednesday, October 25th. restated a “reduce” rating and set a GBX 620 ($8.41) target price on shares of Standard Chartered in a research note on Monday, September 18th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 800 ($10.85) target price on shares of Standard Chartered in a research note on Thursday, November 2nd. Seven equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. Standard Chartered presently has an average rating of “Hold” and a consensus price target of GBX 745.81 ($10.11).

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About Standard Chartered

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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