Standard Bank traded at 30,668.00 this Tuesday June 2nd, increasing 65.00 or 0.21 percent since the previous trading session. Looking back, over the last four weeks, Standard Bank gained 0.13 percent. Over the last 12 months, its price rose by 32.95 percent. Looking ahead, we forecast Standard Bank to be priced at 30,503.09 by the end of this quarter and at 27,856.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Standard Bank Group Limited is a South Africa-based bank. The Bank offers transactional banking, saving, borrowing, lending, investment, insurance, risk management, wealth management and advisory services. It operates through three business units: Personal and Business Banking; Corporate and Investment Banking, and Liberty Holdings Limited (Liberty). It offers fixed income and currencies, commodities and equities to the global market. It offers Investment banking services, such as advisory, debt products, structured trade and commodity finance, debt capital markets and equity capital markets. It offers real estate finance and principal investment management to the real estate sector. Its transactional products and services include transactional banking, investor services and trade finance. It offers market access and risk mitigation products to its clients to support their business requirements, including foreign exchange, commodity, credit, interest rate and equity instruments.