Zacks: Standard Chart Plc (SCBFF) Receives Average Rating of “Sell” from Analysts

Shares of Standard Chart Plc (NASDAQ:SCBFF) have received a consensus broker rating score of 4.00 (Sell) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation, one has assigned a sell recommendation and one has given a hold recommendation to the company. Standard Chart Plc’s rating score has improved by 11.1% from three months ago as a result of various analysts’ upgrades and downgrades.

Zacks has also assigned Standard Chart Plc an industry rank of 62 out of 265 based on the ratings given to its competitors.

A number of brokerages recently weighed in on SCBFF. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Standard Chart Plc in a research report on Tuesday, February 21st. Bank of America Corp raised shares of Standard Chart Plc from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 17th.

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Standard Chart Plc (NASDAQ:SCBFF) traded up 0.57% on Thursday, hitting $8.85. The stock had a trading volume of 1,808 shares. The company’s 50-day moving average price is $9.15 and its 200 day moving average price is $8.76. The firm’s market cap is $29.01 billion. Standard Chart Plc has a one year low of $6.88 and a one year high of $10.17.

Standard Chart Plc Company Profile

Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.

5 Day Chart for NASDAQ:SCBFF

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