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Standard Chartered ( (GB:STAN) ) has issued an update.
Standard Chartered PLC announced a shareholding transaction involving Noelle Eder, the Group Head of Technology & Operations. The transaction involved the award of deferred shares under the 2021 Standard Chartered Share Plan, with a volume of 483,208 shares at a price of £14.55 each, conducted on the London Stock Exchange. This transaction reflects the company’s ongoing commitment to aligning management incentives with shareholder interests.
The most recent analyst rating on (GB:STAN) stock is a Hold with a £15.25 price target. To see the full list of analyst forecasts on Standard Chartered stock, see the GB:STAN Stock Forecast page.
Spark’s Take on GB:STAN Stock
According to Spark, TipRanks’ AI Analyst, GB:STAN is a Outperform.
Standard Chartered’s strong earnings call performance and attractive valuation are key strengths. Financial performance is solid but challenged by declining cash flows. Technical indicators show a positive trend, supporting the overall score.
To see Spark’s full report on GB:STAN stock, click here.
More about Standard Chartered
Standard Chartered PLC is a leading international banking group, primarily focused on providing financial services across Asia, Africa, and the Middle East. The company offers a wide range of products including personal banking, corporate banking, and wealth management services.
Average Trading Volume: 5,337,685
Technical Sentiment Signal: Buy
Current Market Cap: £33.33B
Learn more about STAN stock on TipRanks’ Stock Analysis page.