Standard Chartered (STAN) Stock Forecast & Price Target

GBX 945.60 -13.40 (-1.40%)

(As of 11/22/2024 ET)

Standard Chartered - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 7 Analyst Ratings

Sell
0

Hold
3

Buy
4

Based on 7 Wall Street analysts who have issued ratings for Standard Chartered in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for STAN.

Consensus Price Target

GBX 1,002

According to the 7 analysts' twelve-month price targets for Standard Chartered, the average price target is GBX 1,002. The highest price target for STAN is GBX 1,300, while the lowest price target for STAN is GBX 790. The average price target represents a forecasted upside of 5.96% from the current price of GBX 945.60.

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STAN Analyst Ratings Over Time

Type	Current Forecast 11/24/23 to 11/23/24	1 Month Ago 10/25/23 to 10/24/24	3 Months Ago 8/26/23 to 8/25/24	1 Year Ago 11/24/22 to 11/24/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 1,002	GBX 979.67	GBX 979.67	GBX 956.33
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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STAN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

STAN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Standard Chartered Stock vs. The Competition

Type	Standard Chartered	Financial Services Companies
Consensus Rating Score	2.57	2.63
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News See Recent STAN News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/2/2024	Citigroup 3 of 5 stars	Reiterated Rating	Neutral
8/21/2024	Berenberg Bank 2 of 5 stars	Reiterated Rating	Buy	GBX 1,100	+47.73%
8/1/2024	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Overweight	GBX 1,000 ➝ GBX 1,020	+36.22%
5/3/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	GBX 750 ➝ GBX 800	+5.71%
4/18/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 1,300	+98.11%
2/23/2024	Shore Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
Get the Latest News and Ratings for STAN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Standard Chartered and its competitors with MarketBeat's FREE daily newsletter.
2/12/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform	GBX 790	+35.83%
11/20/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy	GBX 879 ➝ GBX 868	+30.62%
4/27/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	GBX 890 ➝ GBX 880	+40.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:10 AM ET.

Should I Buy Standard Chartered Stock? STAN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Standard Chartered pros and cons to contact@marketbeat.com.

Standard Chartered
Bull Case

Here are some ways that investors could benefit from investing in Standard Chartered PLC:

Standard Chartered PLC recently reached a new 52-week high, trading at GBX 847.20 ($11.00), indicating strong market performance and investor confidence.
Equities analysts have a consensus rating of "Moderate Buy" for Standard Chartered PLC, with a target price of GBX 979.67 ($12.72), suggesting potential for price appreciation.
Several analysts, including Berenberg Bank and JPMorgan Chase & Co., have issued "buy" ratings and raised their price targets, reflecting positive sentiment about the company's growth prospects.
The company has a solid market capitalization of approximately £20.76 billion, which can provide stability and resources for future growth initiatives.
Standard Chartered PLC has a PEG ratio of 0.80, indicating that the stock may be undervalued relative to its earnings growth potential, making it an attractive investment opportunity.

Standard Chartered
Bear Case

Investors should be bearish about investing in Standard Chartered PLC for these reasons:

The company has a very high dividend payout ratio of 2,643.68%, which may not be sustainable in the long term and could indicate financial strain.
Standard Chartered PLC's price-to-earnings (P/E) ratio is significantly high at 973.79, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
Despite recent positive ratings, three analysts have rated the stock with a hold rating, indicating some uncertainty about its future performance.
The stock's beta of 0.85 suggests lower volatility compared to the market, which may not appeal to investors seeking high-risk, high-reward opportunities.
Recent cuts to dividends may signal potential challenges in maintaining shareholder returns, which could affect investor sentiment negatively.

STAN Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Standard Chartered is GBX 1,002, with a high forecast of GBX 1,300 and a low forecast of GBX 790.
: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STAN shares.
: According to analysts, Standard Chartered's stock has a predicted upside of 5.96% based on their 12-month stock forecasts.
: Standard Chartered has been rated by research analysts at Citigroup in the past 90 days.
: Analysts like Standard Chartered less than other "financial services" companies. The consensus rating score for Standard Chartered is 2.57 while the average consensus rating score for "financial services" companies is 2.63. Learn more on how STAN compares to other companies.

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This page (LON:STAN) was last updated on 11/23/2024 by MarketBeat.com Staff

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Standard Chartered (STAN) Stock Forecast & Price Target