Standard Chartered Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (SCBFF)
Standard Chartered (NASDAQ:SCBFF)‘s stock had its “buy” rating reiterated by stock analysts at Espirito Santo Investment Bank Research in a report issued on Friday, American Banking News reports.
Standard Chartered (NASDAQ:SCBFF) traded up 0.71% on Friday, hitting $21.41. 54,308 shares of the company’s stock traded hands. Standard Chartered has a 52-week low of $20.55 and a 52-week high of $27.87. The stock has a 50-day moving average of $22.24 and a 200-day moving average of $23.24. The company has a market cap of $51.769 billion and a price-to-earnings ratio of 12.60.
A number of other analysts have also recently weighed in on SCBFF. Analysts at Santander reiterated a “hold” rating on shares of Standard Chartered in a research note to investors on Friday, December 13th. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Standard Chartered in a research note to investors on Friday, December 13th. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Standard Chartered in a research note to investors on Wednesday, December 11th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $1,554.64.
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.