Standard Chartered (OTCMKTS:SCBFF – Get Free Report) is anticipated to issue its results before the market opens on Friday, February 20th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
Standard Chartered Trading Down 2.0%
Shares of SCBFF stock opened at $24.13 on Friday. The stock has a market cap of $54.85 billion, a P/E ratio of 12.83 and a beta of 0.52. Standard Chartered has a 1 year low of $10.65 and a 1 year high of $26.45. The stock has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $21.19.
Analyst Upgrades and Downgrades
SCBFF has been the topic of a number of recent analyst reports. Zacks Research cut Standard Chartered from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Citigroup reiterated a “neutral” rating on shares of Standard Chartered in a research note on Friday, January 9th. The Goldman Sachs Group raised Standard Chartered from a “hold” rating to a “buy” rating in a research note on Thursday, December 11th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Standard Chartered in a research note on Wednesday, January 14th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Standard Chartered has a consensus rating of “Moderate Buy”.
Standard Chartered Company Profile
Standard Chartered plc is a British multinational banking and financial services company headquartered in London. The firm traces its modern form to the 1969 merger of the Chartered Bank of India, Australia and China (founded in 1853) and Standard Bank of British South Africa (founded in 1862), creating an international bank with deep historical roots in trade finance and cross-border banking. Standard Chartered maintains a global footprint and a long-standing focus on facilitating trade and capital flows between developed and emerging markets.
Standard Chartered provides a broad range of banking and financial services for corporate, institutional and individual clients.
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