Standard Chartered (LON:STAN) Given New GBX 1,490 Price Target at JPMorgan Chase & Co.

Standard Chartered (LON:STAN) had its target price boosted by JPMorgan Chase & Co. from GBX 1,390 ($18.48) to GBX 1,490 ($19.81) in a report published on Tuesday morning, Marketbeat.com reports. They currently have an overweight rating on the financial services provider’s stock.

Separately, Shore Capital boosted their target price on shares of Standard Chartered from GBX 1,270 ($16.89) to GBX 1,355 ($18.02) and gave the company a “hold” rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,233 ($16.39).

Standard Chartered Trading Up 0.7%

Shares of LON STAN opened at GBX 1,378.50 ($18.33) on Tuesday. Standard Chartered has a 1-year low of GBX 684.26 ($9.10) and a 1-year high of GBX 1,393 ($18.52). The company has a 50-day moving average of GBX 1,238.76 and a two-hundred day moving average of GBX 1,154.40. The company has a market cap of £41.62 billion, a PE ratio of 12.41, a P/E/G ratio of 0.80 and a beta of 0.85.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.