Jefferies Group Reiterates Underperform Rating for STANDARD CHARTERED.5 (SCBFF)
Shares of STANDARD CHARTERED.5 (NASDAQ:SCBFF) traded up 0.93% on Friday, hitting $20.69. 2,101 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 has a 50-day moving average of $20.84 and a 200-day moving average of $21.37. The company has a market cap of $51.616 billion and a price-to-earnings ratio of 12.07.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of STANDARD CHARTERED.5 in a research note on Friday. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of STANDARD CHARTERED.5 in a research note on Wednesday. Finally, analysts at Numis Securities Ltd upgraded shares of STANDARD CHARTERED.5 to an “add” rating in a research note on Wednesday, July 30th. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $798.00.
Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.
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