Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) shares saw strong trading volume on Thursday . Approximately 248,601 shares were traded during mid-day trading, an increase of 19% from the previous session’s volume of 208,442 shares.The stock last traded at $56.54 and had previously closed at $54.87.
Analyst Ratings Changes
Separately, Zacks Research upgraded Standard Chartered from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.
Get Our Latest Report on SCBFY
Standard Chartered Trading Up 3.6%
Standard Chartered Company Profile
Standard Chartered PLC is a leading international banking group headquartered in London, with a heritage dating back to the 19th century. The bank was formed in 1969 through the merger of Standard Bank of British South Africa and Chartered Bank of India, Australia and China, combining deep roots in emerging markets with a global footprint. Over more than 150 years of operations, Standard Chartered has built a reputation for expertise in trade finance, corporate banking and cross-border transactions.
The company offers a broad range of financial products and services, including corporate and institutional banking, retail banking, wealth management, treasury and capital markets solutions.
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