Standard Chartered PLC (LON:STAN) Insider Andrew Nigel (Andy) Halford Acquires 23,701 Shares

Standard Chartered PLC (LON:STAN) insider Andrew Nigel (Andy) Halford acquired 23,701 shares of the business’s stock in a transaction on Monday, June 24th. The shares were purchased at an average price of GBX 703 ($9.19) per share, for a total transaction of £166,618.03 ($217,715.97).

Andrew Nigel (Andy) Halford also recently made the following trade(s):

  • On Tuesday, May 7th, Andrew Nigel (Andy) Halford sold 39,015 shares of Standard Chartered stock. The stock was sold at an average price of GBX 691 ($9.03), for a total transaction of £269,593.65 ($352,271.85).

Shares of Standard Chartered stock traded up GBX 3.60 ($0.05) during trading hours on Thursday, hitting GBX 714.20 ($9.33). 6,102,053 shares of the company were exchanged, compared to its average volume of 7,690,000. The firm has a 50-day simple moving average of GBX 705.76. Standard Chartered PLC has a 1 year low of GBX 514.20 ($6.72) and a 1 year high of GBX 742.60 ($9.70). The firm has a market capitalization of $23.17 billion and a PE ratio of 38.61.

Several equities analysts recently commented on STAN shares. Royal Bank of Canada set a €145.00 ($168.60) price objective on shares of Aena SME and gave the company a “sell” rating in a research report on Tuesday, April 30th. JPMorgan Chase & Co. reissued a “top pick” rating on shares of in a research note on Thursday, July 4th. Goldman Sachs Group set a €14.15 ($16.45) price target on shares of Assicurazioni Generali and gave the company a “sell” rating in a research note on Thursday, May 2nd. Berenberg Bank set a €95.00 ($110.47) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Tuesday. Finally, Barclays restated a “sell” rating and issued a $5.00 price objective on shares of Deutsche Bank in a report on Wednesday. Four research analysts have rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. Standard Chartered has a consensus rating of “Hold” and an average target price of GBX 711.71 ($9.30).

Standard Chartered Company Profile

Standard Chartered PLC., together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments. It offers retail products, such as deposits, savings, mortgages, credit cards, and personal loans; wealth management that include investments, portfolio management, insurance and advices, and planning services; and transaction banking services, such as cash management, payments and transactions, securities services, and trade financing products.

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