Standard Chartered (LON:STAN) Insider Sells £169,494.78 in Stock

Standard Chartered PLC (LON:STAN) insider Peter Burrill sold 10,907 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 1,554, for a total value of £169,494.78.

Peter Burrill also recently made the following trade(s):

• On Friday, March 13th, Peter Burrill sold 4,143 shares of Standard Chartered stock. The shares were sold at an average price of GBX 1,570, for a total value of £65,045.10.

Standard Chartered Trading Down 0.0%

LON:STAN opened at GBX 1,516.75 on Friday. The firm has a 50-day moving average price of GBX 1,766.80 and a two-hundred day moving average price of GBX 1,644.96. Standard Chartered PLC has a twelve month low of GBX 872.80 and a twelve month high of GBX 1,924. The company has a market capitalization of £34.16 billion, a P/E ratio of 8.00, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39.

Key Standard Chartered News

Here are the key news stories impacting Standard Chartered this week:

• Positive Sentiment: Board advances share buy‑back and plans to cancel repurchased shares — supports EPS, capital return and scarcity of stock, a clear positive for valuation. Standard Chartered Advances Buy-back
• Positive Sentiment: Strategic growth push: plans for Hong Kong wealth centres targeting ~US$200bn of “new money” — could boost fee income and wealth AUM over time. Hong Kong wealth centres
• Positive Sentiment: Possible India credit‑card portfolio sale/JV (bids from Kotak/Federal Bank) — a disposal could crystallize value, simplify India consumer exposure and free capital for buybacks/dividends. India credit-card portfolio review
• Neutral Sentiment: Standard Chartered‑backed Zodia Custody exploring credit secured by tokenized assets — potential new revenue line but carries execution and regulatory risk. Zodia Custody pursues tokenized-asset credit
• Neutral Sentiment: Small SEBI settlement in India (Rs 57.2 lakh) — immaterial to the balance sheet but a reminder of regulatory oversight. SEBI settlement
• Neutral Sentiment: Market context: trading volume is far above average and the share price sits between its 50‑day and 200‑day SMAs — increases short‑term volatility around corporate action headlines.
• Negative Sentiment: Legal/1MDB exposure: Standard Chartered and BSI lost a bid to join Singapore winding‑up cases linked to 1MDB assets — raises legal uncertainty and potential reputational/regulatory risk. Singapore court 1MDB-related ruling
• Negative Sentiment: Insider selling: non‑executive Peter Burrill reported recent disposals (reported sales of 10,907 and 4,143 shares) — modest in size but can add to near‑term selling pressure and investor nervousness. Insider sale report

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Standard Chartered from GBX 1,700 to GBX 1,900 and gave the company a “hold” rating in a research report on Friday, January 23rd. Citigroup increased their price objective on shares of Standard Chartered from GBX 1,675 to GBX 1,775 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Standard Chartered from GBX 1,880 to GBX 2,170 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Standard Chartered has a consensus rating of “Hold” and an average target price of GBX 1,800.

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. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products.