Standard Chartered PLC (OTCMKTS:SCBFF) has been given an average rating of “Hold” by the nine analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company.
A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods upgraded Standard Chartered from a “market perform” rating to an “outperform” rating in a research note on Monday, March 15th. Shore Capital restated a “buy” rating on shares of Standard Chartered in a research note on Thursday, April 22nd. Investec cut Standard Chartered from a “buy” rating to a “hold” rating in a research note on Wednesday, February 24th. Credit Suisse Group cut Standard Chartered from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 16th. Finally, Zacks Investment Research upgraded Standard Chartered from a “sell” rating to a “hold” rating in a research note on Thursday, May 13th.
Shares of OTCMKTS SCBFF opened at $7.05 on Monday. Standard Chartered has a 1-year low of $4.30 and a 1-year high of $7.57. The stock’s fifty day moving average is $6.99.
Standard Chartered Company Profile
Standard Chartered PLC, together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, Europe, the Americas, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments.
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