Shares of Standard Chartered PLC (LON:STAN – Get Free Report) hit a new 52-week high during mid-day trading on Friday after Barclays raised their price target on the stock from GBX 750 to GBX 800. Barclays currently has an equal weight rating on the stock. Standard Chartered traded as high as GBX 767 ($9.63) and last traded at GBX 760 ($9.55), with a volume of 628809250 shares traded. The stock had previously closed at GBX 756 ($9.50).
A number of other research analysts also recently weighed in on STAN. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,300 ($16.33) target price on shares of Standard Chartered in a research…
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