Standard Chartered Given “Buy” Rating at Bank of America Corp. (SCBFF)
Standard Chartered (NASDAQ:SCBFF)‘s stock had its “buy” rating restated by equities researchers at Bank of America Corp. in a research report issued on Monday, AnalystRatings.Net reports.
A number of other analysts have also recently weighed in on SCBFF. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Standard Chartered (NASDAQ:SCBFF) in a research note to investors on Monday, September 23rd. They now have a $1,645.00 price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Standard Chartered (NASDAQ:SCBFF) in a research note to investors on Wednesday, September 18th. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Standard Chartered (NASDAQ:SCBFF) in a research note to investors on Monday, September 16th. They now have a $1,650.00 price target on the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $1,632.83.
Shares of Standard Chartered (NASDAQ:SCBFF) traded down 0.17% during mid-day trading on Monday, hitting $24.19. 4,445 shares of the company’s stock traded hands. Standard Chartered has a one year low of $21.30 and a one year high of $27.87. The stock has a 50-day moving average of $23.78 and a 200-day moving average of $24.03. The company has a market cap of $58.491 billion and a P/E ratio of 14.36.
Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.
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