Standard Chart Plc (SCBFF) Downgraded by Investec

Standard Chart Plc (NASDAQ:SCBFF) was downgraded by equities research analysts at Investec from a “hold” rating to a “sell” rating in a research note issued on Friday, May 12th.

SCBFF has been the subject of several other research reports. BNP Paribas upgraded shares of Standard Chart Plc from an “underperform” rating to a “neutral” rating in a research report on Friday, May 12th. J P Morgan Chase & Co restated a “neutral” rating on shares of Standard Chart Plc in a research report on Tuesday, February 21st. Finally, Bank of America Corporation raised shares of Standard Chart Plc from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 17th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.

Analyst Recommendations for Standard Chart Plc (NASDAQ:SCBFF)

Shares of Standard Chart Plc (NASDAQ:SCBFF) traded up 3.36% on Friday, hitting $9.84. 9,187 shares of the company’s stock were exchanged. The stock’s market cap is $32.25 billion. The company’s 50-day moving average price is $9.57 and its 200 day moving average price is $9.16. Standard Chart Plc has a 12-month low of $6.88 and a 12-month high of $10.17.

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About Standard Chart Plc

Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.

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