Standard Chartered’s (STAN) “Buy” Rating Reaffirmed at Berenberg Bank

Standard Chartered (LON:STAN – Get Rating)’s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 640 ($8.59) price objective on the financial services provider’s stock. Berenberg Bank’s target price suggests a potential upside of 25.39% from the company’s current price.

Liberum Capital Lowers Royal Mail (LON:RMG) to Sell

Royal Mail (LON:RMG – Get Rating) was downgraded by Liberum Capital to a “sell” rating in a report issued on Wednesday, Digital Look reports. They currently have a GBX 355 ($4.76) price target on the stock, down from their prior price target of GBX 470 ($6.31). Liberum Capital’s price target suggests a potential downside of 4.47% from the stock’s previous close.

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