UBS Group reissued their neutral rating on shares of Standard Chartered (LON:STAN) in a research note issued to investors on Monday, investing.thisismoney.co.uk reports.

Other research analysts also recently issued research reports about the company. Shore Capital reissued a buy rating on shares of Standard Chartered in a report on Wednesday, October 31st. Citigroup decreased their price objective on Standard Chartered from GBX 910 ($11.89) to GBX 850 ($11.11) and set a buy rating on the stock in a research note on Tuesday, October 2nd. Goldman Sachs Group decreased their price objective on Standard Chartered from GBX 970 ($12.67) to GBX 945 ($12.35) and set a conviction-buy rating on the stock in a research note on Wednesday, September 12th. HSBC decreased their price objective on Standard Chartered from GBX 630 ($8.23) to GBX 610 ($7.97) and set a hold rating on the stock in a research note on Thursday, November 1st. Finally, Deutsche Bank decreased their price objective on Standard Chartered from GBX 650 ($8.49) to GBX 620 ($8.10) and set a hold rating on the stock in a research note on Thursday, November 1st. Four analysts have rated the stock with a sell rating, five have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Standard Chartered currently has an average rating of Hold and an average target price of GBX 730.31 ($9.54).

STAN stock opened at GBX 621 ($8.11) on Monday. Standard Chartered has a fifty-two week low of GBX 678.80 ($8.87) and a fifty-two week high of GBX 864.20 ($11.29).

In other Standard Chartered news, insider José Viñals bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The shares were bought at an average price of GBX 582 ($7.60) per share, with a total value of £58,200 ($76,048.61). Also, insider Bill Winters bought 140,000 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The shares were acquired at an average cost of GBX 576 ($7.53) per share, for a total transaction of £806,400 ($1,053,704.43).

About Standard Chartered

Standard Chartered PLC provides various banking products and services in the Greater China and North Asia, ASEAN and South Asia, Africa and the Middle East, and Europe and America. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking.

Read More: Marijuana Stocks Investing Considerations

Analyst Recommendations for Standard Chartered (LON:STAN)

Receive News & Ratings for Standard Chartered Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered and related companies with MarketBeat.com's FREE daily email newsletter.