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Standard Chartered ( (GB:STAN) ) has provided an update.
Standard Chartered PLC announced the issuance of U.S.$50,000,000 4.60% Fixed Rate Notes due September 2030 as part of its U.S.$77,500,000,000 debt issuance programme. The Notes are set to be listed on the London Stock Exchange, enhancing the company’s financial offerings and potentially strengthening its market position.
The most recent analyst rating on (GB:STAN) stock is a Buy with a £16.70 price target. To see the full list of analyst forecasts on Standard Chartered stock, see the GB:STAN Stock Forecast page.
Spark’s Take on GB:STAN Stock
According to Spark, TipRanks’ AI Analyst, GB:STAN is a Outperform.
Standard Chartered’s strong earnings call performance and attractive valuation are key strengths. Financial performance is solid but challenged by declining cash flows. Technical indicators show a positive trend, supporting the overall score.
To see Spark’s full report on GB:STAN stock, click here.
More about Standard Chartered
Standard Chartered PLC is a multinational banking and financial services company. It offers a wide range of products and services including personal banking, corporate banking, and wealth management. The company primarily focuses on markets in Asia, Africa, and the Middle East.
Average Trading Volume: 5,336,897
Technical Sentiment Signal: Buy
Current Market Cap: £32.52B
See more insights into STAN stock on TipRanks’ Stock Analysis page.