J P Morgan Chase & Co upgraded shares of Standard Chart (OTCMKTS:SCBFF) from a neutral rating to an overweight rating in a report issued on Tuesday, Marketbeat reports.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank raised shares of Standard Chart from a sell rating to a hold rating in a research report on Thursday, November 2nd. Investec raised shares of Standard Chart from a sell rating to a hold rating in a research report on Wednesday, September 27th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Standard Chart currently has an average rating of Hold.
Shares of Standard Chart (OTCMKTS:SCBFF) opened at $10.23 on Tuesday. Standard Chart has a 12-month low of $7.95 and a 12-month high of $11.18.
Standard Chartered PLC provides various banking products and services in Asia, Africa, and the Middle East. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking. It offers personal banking services, including savings and accounts; personal, instalment, or revolving loans; mortgages; credit cards; life, savings and retirement planning, health and medical, home, motor, and travel insurance products; investment advisory services; retail FX products; mutual funds; and employee banking services.
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