Standard Chartered stock gains as Citi raises its target

Published on 09/23/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Standard Chartered stock traded at 2,188.00p on September 23, 2026, while Citi lifted its target to 2,370p. The 52-week range is 1,285p to 2,278p.

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Standard Chartered stock traded at 2,188.00p on the London Stock Exchange on September 23, 2026, down 28.00p, or 1.26 percent, from the previous close. The price remained 90.00p below the 52-week high of 2,278.00p and 903.00p above the 52-week low of 1,285.00p.

Citi lifts the price target

As Morningstar reported on September 23, 2026, Citi raised its Standard Chartered price target to 2,370p from 2,230p. The 140p increase places the target 182p above the September 23 closing price, equivalent to 8.3 percent based on the cited levels.

The same report placed Standard Chartered at 2,291.50p earlier in the session, before the stock was quoted at 2,188.00p in the later market snapshot. That difference shows why the trading timestamp matters when comparing a target with the share price.

Income guidance remains a reference

According to Investing.com on September 22, 2026, Standard Chartered said first-half 2024 income rose 9 percent year on year excluding the Solv India gain from 2025, while full-year income guidance remained in the middle of a 5 percent to 7 percent range. The conference account also cited a target return on tangible equity above 15 percent by 2028 and 18 percent by 2030.

Those figures are historical reporting context rather than a same-day earnings release. They nevertheless provide a quantified framework for reading the higher target: Citi's 140p revision reflects a valuation view, while the bank's published income and return ambitions remain the operating measures that can support or challenge that view.

Stock stays below the yearly high

CNBC data show a market capitalization of GBP 47.94 billion and a 52-week range of 1,285.00p to 2,278.00p for Standard Chartered as of September 23, 2026. The latest quoted price of 2,188.00p is 3.95 percent below the upper end of that range.

Standard Chartered therefore combines a higher external valuation marker with a share price that is below its yearly peak. For investors, the key numerical checkpoints are the 2,370p Citi target, the 2,278p 52-week high and the bank's 5 percent to 7 percent income-growth guidance range.

Standard Chartered stock closes at 2,188p

Standard Chartered stock was quoted at 2,188.00p on the London Stock Exchange on September 23, 2026, with a daily change of minus 1.26 percent from the prior close.