Investec Downgrades Standard Chartered PLC (SCBFF) to Sell

Investec cut shares of Standard Chartered PLC (OTC:SCBFF) from a hold rating to a sell rating in a research note issued to investors on Friday, May 12th.

Shares of Standard Chartered PLC (OTC:SCBFF) traded up 3.36% on Friday, reaching $9.84. 9,187 shares of the company traded hands. Standard Chartered PLC has a 1-year low of $6.88 and a 1-year high of $10.17. The stock has a 50-day moving average price of $9.57 and a 200 day moving average price of $9.16. The firm’s market capitalization is $32.25 billion.

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