Standard Chartered Rating Reiterated by Bank of America Corp. (SCBFF)
Standard Chartered (NASDAQ:SCBFF)‘s stock had its “buy” rating reiterated by investment analysts at Bank of America Corp. in a note issued to investors on Monday, Analyst Ratings.Net reports. They currently have a $1,850.00 price target on the stock.
A number of other firms have also recently commented on SCBFF. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Standard Chartered in a research note to investors on Tuesday, October 8th. They now have a $1,840.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Standard Chartered in a research note to investors on Tuesday, October 8th. They now have a $1,775.00 price target on the stock. Finally, analysts at Berenberg Bank reiterated a “sell” rating on shares of Standard Chartered in a research note to investors on Thursday, October 3rd. They now have a $1,450.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $1,636.72.
Shares of Standard Chartered (NASDAQ:SCBFF) traded up 0.85% on Monday, hitting $23.77. The stock had a trading volume of 824 shares. Standard Chartered has a 1-year low of $21.30 and a 1-year high of $27.87. The stock has a 50-day moving average of $23.60 and a 200-day moving average of $23.84. The company has a market cap of $57.476 billion and a price-to-earnings ratio of 13.97.
Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.