Credit Suisse Reiterates “Underperform” Rating for STANDARD CHARTERED.5 (SCBFF)
STANDARD CHARTERED.5 (NASDAQ:SCBFF) traded down 0.96% during mid-day trading on Friday, hitting $20.54. 38,804 shares of the company’s stock traded hands. STANDARD CHARTERED.5 has a 52 week low of $19.46 and a 52 week high of $25.32. The stock’s 50-day moving average is $22.17 and its 200-day moving average is $21.58. The company has a market cap of $49.733 billion and a P/E ratio of 12.72.
A number of other analysts have also recently weighed in on SCBFF. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of STANDARD CHARTERED.5 in a research note on Friday. Separately, analysts at HSBC downgraded shares of STANDARD CHARTERED.5 from a “neutral” rating to an “underweight” rating in a research note on Friday. Finally, analysts at Investec reiterated a “buy” rating on shares of STANDARD CHARTERED.5 in a research note on Tuesday, June 17th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. STANDARD CHARTERED.5 currently has an average rating of “Hold” and an average price target of $1,249.00.
Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.
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