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

Standard Chartered PLC (LON:STAN) insider Bill Winters bought 33,453 shares of Standard Chartered stock in a transaction dated Friday, March 14th. The stock was purchased at an average price of GBX 1,158 ($14.97) per share, for a total transaction of £387,385.74 ($500,757.16).

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

• On Monday, March 10th, Bill Winters sold 41,190 shares of Standard Chartered stock. The stock was sold at an average price of GBX 12 ($0.16), for a total transaction of £4,942.80 ($6,389.35).

Standard Chartered Price Performance

Shares of STAN stock traded down GBX 10.23 ($0.13) on Monday, reaching GBX 1,166.18 ($15.07). 6,917,139 shares of the stock were exchanged, compared to its average volume of 17,138,010. The stock has a 50 day moving average price of GBX 1,118.26 and a 200 day moving average price of GBX 959.47. The stock has a market cap of £35.21 billion, a PE ratio of 10.50, a P/E/G ratio of 0.80 and a beta of 0.85. Standard Chartered PLC has a one year low of GBX 635.20 ($8.21) and a one year high of GBX 1,281 ($16.56).

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on STAN shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 970 ($12.54) price target on shares of Standard Chartered in a research report on Monday, February 24th. Citigroup upped their price target on shares of Standard Chartered from GBX 1,170 ($15.12) to GBX 1,250 ($16.16) 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 data from MarketBeat, Standard Chartered currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,073.33 ($13.87).

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.