Standard Chartered (OTCMKTS:SCBFY) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Standard Chartered (OTCMKTS:SCBFY)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Monday, The Fly reports.

Several other research firms have also recently weighed in on SCBFY. UBS Group reissued a “neutral” rating on shares of Standard Chartered in a research report on Thursday, March 11th. Barclays reiterated an “underweight” rating on shares of Standard Chartered in a report on Friday, February 26th. Finally, Berenberg Bank restated a “buy” rating on shares of Standard Chartered in a research note on Monday, March 1st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold”.

Standard Chartered stock traded down $0.18 on Monday, reaching $13.92. 2,300 shares of the stock were exchanged, compared to its average volume of 12,567. Standard Chartered has a twelve month low of $8.48 and a twelve month high of $14.77. The firm has a fifty day moving average price of $13.92 and a two-hundred day moving average price of $12.28.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, Europe, the Americas, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments.

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Analyst Recommendations for Standard Chartered (OTCMKTS:SCBFY)

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