Standard Chartered PLC (LON:STAN) insider Bill Winters sold 152,207 shares of the company’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of GBX 641 ($8.35), for a total transaction of £975,646.87 ($1,270,869.96).

Shares of LON STAN opened at GBX 636.50 ($8.29) on Thursday. Standard Chartered PLC has a 12 month low of GBX 678.80 ($8.84) and a 12 month high of GBX 864.20 ($11.26).

The company also recently announced a dividend, which will be paid on Monday, October 22nd. Stockholders of record on Thursday, August 9th will be issued a dividend of $0.06 per share. This represents a dividend yield of 0.68%. The ex-dividend date is Thursday, August 9th.

STAN has been the subject of several analyst reports. Goldman Sachs Group set a GBX 980 ($12.77) target price on shares of Standard Chartered and gave the stock a “buy” rating in a report on Tuesday, July 31st. Credit Suisse Group reissued an “underperform” rating on shares of Standard Chartered in a research report on Thursday, September 20th. Deutsche Bank cut their target price on shares of Standard Chartered from GBX 720 ($9.38) to GBX 675 ($8.79) and set a “hold” rating on the stock in a research report on Wednesday, August 1st. Independent Research raised shares of Standard Chartered to a “hold” rating and set a GBX 720 ($9.38) price objective on the stock in a research report on Thursday, August 2nd. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 920 ($11.98) price objective on shares of Standard Chartered in a research report on Wednesday, August 1st. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 740.88 ($9.65).

About Standard Chartered

Standard Chartered PLC provides various banking products and services in the Greater China and North Asia, ASEAN and South Asia, Africa and the Middle East, and Europe and America. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking.

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