Standard Chartered (LON:STAN) Reaches New 1-Year High – Still a Buy?

Standard Chartered PLC (LON:STAN)’s share price reached a new 52-week high during trading on Friday . The company traded as high as GBX 1,877.50 and last traded at GBX 1,866.70, with a volume of 224900172 shares. The stock had previously closed at GBX 1,850.50.

More Standard Chartered News

Here are the key news stories impacting Standard Chartered this week:

• Positive Sentiment: Secured consecutive top spot in Ghana retail banking customer-excellence survey — reinforces brand strength and retail franchise in a core African market. Standard Chartered secures consecutive top spot across Ghana in Retail Banking customer excellence survey
• Positive Sentiment: Appointed Dalu Ajene as CEO, Africa — leadership change focused on the continent could accelerate execution and regional growth initiatives. Standard Chartered appoints Dalu Ajene as CEO Africa
• Positive Sentiment: Completed first ICC‑SWIFT API‑standards digital bank guarantee transaction through Komgo — a milestone for trade/transaction banking and digital product distribution that can improve fee income and operational efficiency. Standard Chartered completes first ICC-Swift API Standards digital bank guarantee transaction through Komgo
• Positive Sentiment: Raised Taiwan growth forecast to 3.8% — an upgraded macro view that underpins local lending and fees in Asia. Standard Chartered raises Taiwan growth forecast to 3.8%
• Positive Sentiment: Issued bullish research calling 2026 “the year of Ethereum,” signaling the bank’s active involvement and thought leadership in crypto markets — may support client flows and trading/commission opportunities. Standard Chartered Says ‘2026 Will Be The Year Of Ethereum’ As It Predicts ‘ETH Outperformance’
• Neutral Sentiment: Mulling options for India cards unit amid a retail pullback — strategic repositioning could free capital or reduce retail exposure, but outcome (sale, JV, or retention) is uncertain and may have mixed near-term impacts. Standard Chartered mulls options for India cards unit in retail pullback

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Shore Capital reiterated a “hold” rating on shares of Standard Chartered in a research report on Thursday, October 30th. Citigroup increased their price target on shares of Standard Chartered from GBX 1,675 to GBX 1,775 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Standard Chartered from GBX 1,770 to GBX 1,880 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,495.

Standard Chartered Price Performance

The company has a market cap of £42.18 billion, a price-to-earnings ratio of 9.84, a price-to-earnings-growth ratio of 0.80 and a beta of 0.85. The stock has a 50-day moving average price of GBX 1,726.35 and a 200 day moving average price of GBX 1,513.95.

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. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products.