Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $58.12 and last traded at $57.85, with a volume of 9512 shares trading hands. The stock had previously closed at $57.01.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Standard Chartered from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.
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Standard Chartered Stock Performance
About Standard Chartered
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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