Bill Winters Purchases 33,453 Shares of Standard Chartered PLC (LON:STAN) Stock

Standard Chartered PLC (LON:STAN) insider Bill Winters purchased 33,453 shares of the stock in a transaction on Friday, March 14th. The stock was bought at an average cost 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 value of £4,942.80 ($6,420.05).

Standard Chartered Trading Down 0.9 %

LON STAN opened at GBX 1,166.18 ($15.15) on Tuesday. The company has a market cap of £35.21 billion, a price-to-earnings ratio of 10.50, a PEG ratio of 0.80 and a beta of 0.85. The company has a 50 day moving average of GBX 1,121.50 and a 200-day moving average of GBX 962.33. Standard Chartered PLC has a 1-year low of GBX 635.20 ($8.25) and a 1-year high of GBX 1,281 ($16.64).

Analyst Upgrades and Downgrades

Several research firms recently weighed in on STAN. Citigroup lifted their price target 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 970 ($12.60) price objective on shares of Standard Chartered in a research report on Monday, February 24th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Standard Chartered has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,073.33 ($13.94).

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.