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 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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