Deutsche Bank (DE:DBKGn) analyst Robert Noble reiterated a Buy rating on Standard Chartered (OTC:SCBFF) PLC on Tuesday, setting a price target of p610, which is approximately 36.60% above the present share price of $5.85.
Noble expects Standard Chartered PLC to post earnings per share (EPS) of $0.21 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Standard Chartered, with an average price target of $7.65.
The analysts price targets range from a high of $7.99 to a low of $7.21.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $3.79 billion and a net profit of $0. The company's market cap is $18.01 billion.
According to TipRanks.com, Deutsche Bank analyst Robert Noble is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.2% and a 44.83% success rate.
Standard Chartered Plc engages in the provision of banking and financial services. It operates through the following segments: Corporate and Institutional Banking, Retail Banking, Commercial Banking, Private Banking, and Central and Other Items. The Corporate and Institutional Banking segment supports clients with transaction banking, corporate finance, financial markets, and borrowing needs. The Retail Banking segment offers digital banking services, such as deposits, payments, financing products and wealth management, as well as supporting business banking needs. The Commercial Banking segment consists of international financial solutions in areas such as trade finance, cash management, financial markets, and corporate finance. The Private Banking segment comprises of suite of investment, credit, and wealth planning solutions. The company was founded on November 18, 1969 and is headquartered in London, the United Kingdom.