Standard Chartered (STAN)

Sector:

Banking

Index:

FTSE 100

781.60p
   
  • Change Today:
    -4.20p
  • 52 Week High: 787.20
  • 52 Week Low: 573.80
  • Currency: UK Pounds
  • Shares Issued: 2,579.39m
  • Volume: 5,813,611
  • Market Cap: £20,160m
  • RiskGrade: 172

StanChart is 'cheap' but rationale for takeover challenged by scant synergies, Barclays says

By Alexander Bueso

Date: Monday 09 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Shares of StanChart were indeed "cheap", demonstrating the "attractive" value on offer in European lenders, analysts at Barclays judged.






Nonetheless, "the underlying strategic rationale of a future bid is challenged by little chance of realising meaningful synergies," they added in a research note sent to clients.

Hence their decision to stay at equalweight on shares of Asia-focused StanChart and to keep their target price at 750.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Standard Chartered Market Data

Currency UK Pounds
Share Price 781.60p
Change Today -4.20p
% Change -0.53 %
52 Week High 787.20
52 Week Low 573.80
Volume 5,813,611
Shares Issued 2,579.39m
Market Cap £20,160m
RiskGrade 172

Standard Chartered Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.47% above the market average83.47% above the market average83.47% above the market average83.47% above the market average83.47% above the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Price Trend
77.53% above the market average77.53% above the market average77.53% above the market average77.53% above the market average77.53% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Income
3.4% below the market average3.4% below the market average3.4% below the market average3.4% below the market average3.4% below the market average
86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average
Growth
42.00% above the market average42.00% above the market average42.00% above the market average42.00% above the market average42.00% above the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 7
Sell 1
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Standard Chartered Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Mar-24 10-Aug-23
Paid 17-May-24 13-Oct-23
Amount 21.00¢ 6.00¢

Trades for 17-May-2024

Time Volume / Share Price
16:51 975 @ 781.60p
16:51 755 @ 781.60p
16:47 17,250 @ 783.49p
16:36 18,883 @ 781.60p
16:36 479,694 @ 781.60p

Standard Chartered Key Personnel

Chair José Viñals

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