Standard Chartered (LON:STAN) Given New GBX 1,690 Price Target at JPMorgan Chase & Co.

Standard Chartered (LON:STAN) had its price objective upped by JPMorgan Chase & Co. from GBX 1,670 to GBX 1,690 in a research report report published on Monday, MarketBeat Ratings reports. They currently have an overweight rating on the financial services provider’s stock.

Separately, Shore Capital upped their price objective on shares of Standard Chartered from GBX 1,270 to GBX 1,355 and gave the stock a “hold” rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Standard Chartered presently has an average rating of “Hold” and a consensus price target of GBX 1,316.25.

Standard Chartered Stock Up 0.6%

LON STAN opened at GBX 1,390 on Monday. The stock has a market cap of £31.86 billion, a P/E ratio of 7.64, a PEG ratio of 0.80 and a beta of 0.85. The company’s 50-day simple moving average is GBX 1,415.03 and its 200 day simple moving average is GBX 1,256.32. Standard Chartered has a twelve month low of GBX 831.60 and a twelve month high of GBX 1,514.50.

About Standard Chartered

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.