Standard Chartered PLC
STAN: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 552.00 | Slcx | Rrfglkrg |
Standard Chartered Earnings: Decent Quarter on Low Credit Costs
We assign fair value estimates of GBX 820 and HKD 82 to Standard Chartered, equivalent to 0.8 times book value and about 10% above current share prices, as we transfer and resume coverage of the stock.