Standard Chartered (STAN)

Sector:

Banking

Index:

FTSE 100

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607.30p
   
  • Change Today:
    -1.50p
  • 52 Week High: 770.30p
  • 52 Week Low: 519.80p
  • Currency: UK Pounds
  • Shares Issued: 3,309.60m
  • Volume: 2,492,814
  • Market Cap: £20,099m
  • RiskGrade: 111
  • Beta: 0.02

Analyst recommendations fail to beat the market

By Abigail Townsend

Date: Wednesday 23 Jan 2019

LONDON (ShareCast) - (Sharecast News) - The ten blue-chip stocks most regularly backed by analysts with 'buy' recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.
Research by AJ Bell found that the ten FTSE 100 stocks analysts most often rated a 'buy' lost an average of 17.3% in 2018, while the index lost 12.5%.

Only one of top ten, Shire, made a positive return, following a £46bn takeover bid from Japanese drug maker Takeda. The other most recommended stocks included British American Tobacco, venture capitalist 3i, travel firm TUI and takeaway app Just Eat.

In contrast, the ten stocks most regularly ranked as a 'sell' by analysts beat the benchmark index, losing 10.1% on average, although only one - publisher Pearson - recorded share price gains

Russ Mould, investment director at AJ Bell, said investment banks and broking firms had failed to identify last year's winners and losers.

"While it is tempting to cut analysts some slack by noting that 2018 was a tough year, this is the fourth time we have concluded this analysis, and the analysts' combined top picks fared no better than the benchmark index in 2015, 2016 or 2017," he added.

"This is not to gratuitously kick the analysts when they are down. But it does suggest that the real value of broking research lies not with the recommendations but with the industry analysis and distillation of the key company issues that it provides."

AJ Bell also published the ten stocks with the highest percentage of 'buy' ratings at the start of the current year. They included publishing and events group Informa, healthcare provider NMC Health, commodity specialist Glencore, 3i and wealth manager St James's Place.

The ten stocks with the highest percentage of 'sell' ratings at the start of 2019 include miner Antofagasta, Marks & Spencer, Rolls Royce, Next, Pearson and Standard Chartered.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Standard Chartered Market Data

Currency UK Pounds
Share Price 607.30p
Change Today -1.50p
% Change -0.25 %
52 Week High 770.30p
52 Week Low 519.80p
Volume 2,492,814
Shares Issued 3,309.60m
Market Cap £20,099m
Beta 0.02
RiskGrade 111

Standard Chartered Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.47% above the market average41.47% above the market average41.47% above the market average41.47% above the market average41.47% above the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average
Price Trend
30.61% below the market average30.61% below the market average30.61% below the market average30.61% below the market average30.61% below the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income
23.08% below the market average23.08% below the market average23.08% below the market average23.08% below the market average23.08% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Growth
79.94% above the market average79.94% above the market average79.94% above the market average79.94% above the market average79.94% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 4
Sell 1
Strong Sell 6
Total 20
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Standard Chartered Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Mar-19 09-Aug-18
Paid 16-May-19 22-Oct-18
Amount 15.00¢ 6.00¢

Trades for 21-Mar-2019

Time Volume / Share Price
16:29 300 @ 607.30p
16:29 209 @ 607.40p
16:29 169 @ 607.50p
16:29 2 @ 607.80p
16:29 970 @ 607.70p

Standard Chartered Key Personnel

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