Standard Chartered PLC (OTCMKTS:SCBFY) Receives Average Recommendation of “Hold” from Analysts

Standard Chartered PLC (OTCMKTS:SCBFY) has earned an average recommendation of “Hold” from the ten analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company.

Several brokerages have commented on SCBFY. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Chartered in a research report on Friday, June 18th. UBS Group restated a “neutral” rating on shares of Standard Chartered in a report on Tuesday, August 10th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Standard Chartered in a report on Wednesday, August 11th.

Shares of Standard Chartered stock opened at $12.08 on Friday. The company’s 50-day moving average price is $12.32 and its two-hundred day moving average price is $13.32. Standard Chartered has a 52 week low of $8.48 and a 52 week high of $15.05.

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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