Jefferies keeps Buy rating for Standard Chartered stock at GBp 3,040
Published on 10/19/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming results
- Jefferies maintained a buy rating and a GBp 3,040 target on October 18, 2026.
- Standard Chartered guided for 5-7 percent income growth in 2026 on October 1, 2026.
- Third-quarter results are scheduled for October 28, 2026.
Standard Chartered (ISIN GB0004082847) carries a GBp 3,040 price target from Jefferies and a buy rating, according to The Cerbat Gem in its October 18, 2026 report. The latest company catalyst was an October 14 launch of direct bitcoin and ether trading for eligible professional investors in the United Arab Emirates.
Digital assets broaden the offer
The UAE service lets qualifying clients trade bitcoin and ether through existing bank accounts, while Standard Chartered manages custody and settlement inside its own ecosystem. CoinDesk reported on October 14, 2026 that the service is restricted initially to professional investors and operates under approval from Dubai's Virtual Assets Regulatory Authority.
The same expansion also shaped management responsibilities. WebWire reported on October 14, 2026 that Ying Ying Tan became Global Head of Securities Services and Global Head of Digital Assets.
What does the target imply?
Jefferies' GBp 3,040 target sits above the GBp 2,087 London price quoted on October 19, 2026 at 9:26 a.m. BST. The same London listing showed a 52-week range of GBp 1,356.00 to GBp 2,364.00, putting the target discussion against a share price near its yearly high rather than a distressed base.
Three dated milestones
On July 29, 2026, Standard Chartered reported second-quarter revenue of USD 5.70 billion and earnings per share of USD 0.75, beating consensus by USD 0.0890, according to MarketBeat. On October 1, 2026, the bank said 2026 income growth should fall within a 5-7 percent range, excluding notable items and at constant currency, in its Q3 update. On October 14, 2026, the bank launched the UAE crypto service.
Results date sets the next test
Standard Chartered's next reported checkpoint is October 28, 2026. The company investor-relations page identifies that date for Q3 results, while the release is scheduled before the virtual presentation later that day.
London listing and valuation context
Standard Chartered was last at GBp 2,087.00 on the London Stock Exchange on October 19, 2026 at 9:26 a.m. BST. The bank's business mix spans corporate and institutional banking, consumer, private and business banking, and wealth management, making the upcoming results a test of both the 5-7 percent income framework and the digital-assets expansion.
The further course of trading is shown by the continuously updated real-time quote of Standard Chartered stock.
Standard Chartered stock facts
- Company: Standard Chartered PLC
- ISIN: GB0004082847
- Ticker: STAN
- Primary exchange: London Stock Exchange
- Price London Stock Exchange: GBp 2,087.00 (as of October 19, 2026, 9:26 a.m. BST)
- 52-week range: GBp 1,356.00-2,364.00 (as of October 19, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 28, 2026
Market context: Market report FTSE 100.
