Analyst Views: What do the latest results mean for Standard Chartered?

 
Lauren Fedor
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IAN GORDON | INVESTEC
Standard Chartered has sharply underperformed sector peers, with the shares retreating by 17 per cent since peaking at 1,141p on 23 March. Our ‘hold’ recommendation and 970p RoE-g/CoE-g derived target price are maintained.”

SANDY CHEN | CENKOS
“We’re not exactly certain about how much to recalibrate our forecasts – but we’re reasonably certain that they point upwards from here. And we are certain that a lower-risk, better-run, higher-profitability STAN will emerge – one that has much better relationships with its regulators.”