Standard Chartered PLC (OTCMKTS:SCBFY) Given Average Rating of “Hold” by Analysts

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 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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Analyst Recommendations for Standard Chartered (OTCMKTS:SCBFY)

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