Standard Chartered PLC (LON:STAN – Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,806.54 and traded as high as GBX 2,054. Standard Chartered shares last traded at GBX 2,040, with a volume of 4,012,213 shares traded.
Trending Headlines about Standard Chartered
Here are the key news stories impacting Standard Chartered this week:
- Positive Sentiment: Standard Chartered has been highlighted in bullish crypto coverage after backing Morpho, with reports suggesting the bank sees major upside potential for the token; while not directly tied to the core banking business, it may reinforce the market’s view that the company is active in higher-growth financial innovation. Standard Chartered backs Morpho as DeFi TVL tops $10B
- Positive Sentiment: The bank also announced board and committee refreshes effective July 2026, which may be viewed as a routine governance update and a sign of ongoing management discipline. Standard Chartered Refreshes Board and Committee Structure Effective July 2026
- Neutral Sentiment: Standard Chartered’s foundation and local partners announced the top 11 finalists for its Women in Tech Accelerator Nigeria Cycle 7, a reputationally positive ESG/community update but likely limited in near-term earnings impact. Women in Tech Accelerator Nigeria Cycle 7 finalists announced
- Negative Sentiment: The Singapore High Court dismissed Standard Chartered’s appeal to strike out a US$2.7 billion 1MDB-linked lawsuit, and separate reports say the claim will proceed to trial. This increases legal uncertainty and potential financial exposure, which is the main bearish catalyst for the stock. Singapore High Court dismisses Standard Chartered’s appeal to strike out US$2.7 billion 1MDB-linked lawsuit
- Negative Sentiment: A related report said the 1MDB lawsuit against Standard Chartered will proceed to trial in Singapore, keeping the long-running scandal in focus for investors. 1MDB lawsuit against Standard Chartered to proceed to trial in Singapore
Analyst Ratings Changes
Several research analysts have commented on the company. Shore Capital Group raised Standard Chartered to a “sell” rating in a report on Friday, May 1st. Jefferies Financial Group restated a “buy” rating and set a GBX 2,250 price objective on shares of Standard Chartered in a research report on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and issued a GBX 2,130 price objective on shares of Standard Chartered in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Standard Chartered from GBX 2,200 to GBX 2,220 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 1,938.33.
Standard Chartered Price Performance
The stock has a market cap of £45.12 billion, a price-to-earnings ratio of 10.00, a P/E/G ratio of 0.80 and a beta of 0.61. The company’s fifty day simple moving average is GBX 1,927.73 and its two-hundred day simple moving average is GBX 1,811.37.
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.
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