Standard Chartered PLC (LON:STAN) Insider Bill Winters Buys 33,453 Shares

Standard Chartered PLC (LON:STAN) insider Bill Winters acquired 33,453 shares of the stock in a transaction dated Friday, March 14th. The stock was acquired at an average price of GBX 1,158 ($15.04) per share, for a total transaction of £387,385.74 ($503,163.71).

Bill Winters also recently made the following trade(s):

• On Monday, March 10th, Bill Winters sold 41,190 shares of Standard Chartered stock. The shares were sold at an average price of GBX 12 ($0.16), for a total transaction of £4,942.80 ($6,420.05).

Standard Chartered Price Performance

Shares of STAN stock opened at GBX 1,166.18 ($15.15) on Tuesday. The company has a fifty day moving average price of GBX 1,121.50 and a two-hundred day moving average price of GBX 962.33. Standard Chartered PLC has a one year low of GBX 635.20 ($8.25) and a one year high of GBX 1,281 ($16.64). The stock has a market cap of £35.21 billion, a P/E ratio of 10.50, a P/E/G ratio of 0.80 and a beta of 0.85.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 970 ($12.60) price objective on shares of Standard Chartered in a research note on Monday, February 24th. Citigroup upped their target price on Standard Chartered from GBX 1,170 ($15.20) to GBX 1,250 ($16.24) and gave the stock a “neutral” rating in a report on Thursday, March 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,073.33 ($13.94).

Standard Chartered Company Profile

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.