Standard Chartered (OTCMKTS:SCBFF) PT Raised to GBX 510 at Credit Suisse Group

Standard Chartered (OTCMKTS:SCBFFGet Rating) had its price objective increased by Credit Suisse Group from GBX 460 ($5.86) to GBX 510 ($6.50) in a research report report published on Friday morning, The Fly reports.

SCBFF has been the subject of several other reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Standard Chartered from GBX 610 ($7.77) to GBX 620 ($7.90) in a research note on Thursday, March 17th. Zacks Investment Research downgraded shares of Standard Chartered from a hold rating to a sell rating in a research note on Wednesday, March 30th. UBS Group upped their price target on shares of Standard Chartered from GBX 580 ($7.39) to GBX 690 ($8.79) in a report on Tuesday, February 22nd. Finally, Barclays reaffirmed a buy rating and issued a $610.00 price target on shares of Standard Chartered in a report on Tuesday, April 5th.

Shares of SCBFF stock opened at $6.88 on Friday. The firm has a fifty day simple moving average of $6.67 and a 200-day simple moving average of $6.56. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. Standard Chartered has a twelve month low of $5.41 and a twelve month high of $7.73.

Standard Chartered Company Profile (Get Rating)

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 two segments: Corporate, Commercial and Institutional Banking; and Consumer, Private and Business Banking.

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