Standard Chartered PLC (OTCMKTS:SCBFY) has been given a consensus recommendation of “Hold” by the ten ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and five have given a buy recommendation to the company.
Several research firms have commented on SCBFY. UBS Group reiterated a “neutral” rating on shares of Standard Chartered in a report on Tuesday, August 10th. Morgan Stanley reiterated an “equal weight” rating on shares of Standard Chartered in a report on Wednesday, August 11th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Standard Chartered in a report on Friday, June 18th.
Shares of SCBFY opened at $12.08 on Friday. Standard Chartered has a fifty-two week low of $8.48 and a fifty-two week high of $15.05. The firm’s 50 day moving average price is $12.32 and its 200 day moving average price is $13.32.
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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