Standard Chartered (LON:STAN) Reaches New 52-Week High – Here’s Why

Standard Chartered PLC (LON:STAN)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 1,860.58 and last traded at GBX 1,858.50, with a volume of 42581715 shares changing hands. The stock had previously closed at GBX 1,844.

Trending Headlines about Standard Chartered

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

• Positive Sentiment: Continued share buyback program — Standard Chartered confirmed it is continuing its previously announced buy‑back, committing over US$1.08 billion and cancelling repurchased shares, which supports EPS and capital return to shareholders. Article Title
• Positive Sentiment: Stronger regional growth outlooks in the Gulf and North Africa — Standard Chartered raised or reiterated upbeat GDP forecasts for key markets (Saudi Arabia, UAE, Morocco) for 2026, signaling a potentially healthier lending, trade and fee environment for its franchise in those regions. Article Title
• Positive Sentiment: UAE and Morocco forecasts bolster regional opportunity — Research releases raising UAE GDP to ~5.0% and Morocco to ~4.5% for 2026 reinforce the bank’s exposure to higher‑growth markets that can drive loan growth and cross‑border business. Article Title
• Positive Sentiment: Senior CIO hires to strengthen digital execution — The bank has added key hires to its global CIO team, which should support technology delivery, risk controls and product rollout — important for efficiency and client services across the international franchise. Article Title
• Neutral Sentiment: Regional research on Egypt and broader Global Focus 2026 — Longer‑term country studies (e.g., Egypt stabilisation) provide useful context for risk exposure but have less immediate, direct impact on near‑term earnings compared with buybacks or GDP revisions. Article Title

Wall Street Analysts Forecast Growth

Several research firms have recently commented on STAN. JPMorgan Chase & Co. raised their target price on shares of Standard Chartered from GBX 1,770 to GBX 1,880 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Shore Capital reissued a “hold” rating on shares of Standard Chartered in a research note on Thursday, October 30th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 1,363.75.

Standard Chartered Stock Performance

The stock’s 50-day moving average price is GBX 1,686.35 and its two-hundred day moving average price is GBX 1,480.51. The stock has a market capitalization of £40.67 billion, a PE ratio of 9.49, a P/E/G ratio of 0.80 and a beta of 0.85.

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.