Standard Chartered PLC (LON:STAN) Insider Bill Winters Sells 41,190 Shares of Stock

Standard Chartered PLC (LON:STAN) insider Bill Winters sold 41,190 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of GBX 12 ($0.16), for a total transaction of £4,942.80 ($6,410.06).

Standard Chartered Price Performance

LON STAN opened at GBX 1,158.69 ($15.03) on Thursday. The firm has a market capitalization of £34.99 billion, a price-to-earnings ratio of 10.43, a P/E/G ratio of 0.80 and a beta of 0.85. The company’s fifty day moving average is GBX 1,111.06 and its two-hundred day moving average is GBX 951.74. Standard Chartered PLC has a 52-week low of GBX 635.20 ($8.24) and a 52-week high of GBX 1,281 ($16.61).

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on STAN. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 970 ($12.58) target price on shares of Standard Chartered in a research note on Monday, February 24th. Citigroup raised their price target on shares of Standard Chartered from GBX 1,170 ($15.17) to GBX 1,250 ($16.21) and gave the stock a “neutral” rating in a research report on Thursday, March 6th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 1,073.33 ($13.92).

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.