Should I buy or sell Standard Chartered stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" SCBFF shares. View SCBFF analyst ratings or view top-rated stocks .

What is Standard Chartered's stock price target for 2024?

1 Wall Street analysts have issued 12-month price targets for Standard Chartered's stock. Their SCBFF share price targets range from $610.00 to $1,250.00. On average, they predict the company's stock price to reach $930.00 in the next twelve months. This suggests a possible upside of 11,525.0% from the stock's current price. View analysts price targets for SCBFF or view top-rated stocks among Wall Street analysts .

How have SCBFF shares performed in 2024?

Standard Chartered's stock was trading at $8.3550 on January 1st, 2024. Since then, SCBFF shares have decreased by 4.2% and is now trading at $8.00. View the best growth stocks for 2024 here .

Are investors shorting Standard Chartered?

Standard Chartered saw a decrease in short interest in March. As of March 15th, there was short interest totaling 330,300 shares, a decrease of 51.9% from the February 29th total of 687,000 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 44.0 days. View Standard Chartered's Short Interest .

How were Standard Chartered's earnings last quarter?

Standard Chartered PLC (OTCMKTS:SCBFF) released its quarterly earnings data on Friday, February, 23rd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.06. The company earned $4.37 billion during the quarter, compared to the consensus estimate of $4.32 billion. Standard Chartered had a trailing twelve-month return on equity of 7.95% and a net margin of 9.26%.

Is Standard Chartered a good dividend stock?

Standard Chartered (OTCMKTS:SCBFF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 5.00%. SCBFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCBFF will have a dividend payout ratio of 24.00% next year. This indicates that the company will be able to sustain or increase its dividend.

How do I buy shares of Standard Chartered?

Shares of SCBFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Standard Chartered have any subsidiaries?

The following companies are subsidiares of Standard Chartered: American Express Bank, BM Dependents Limited, Chartered Financial Holdings Limited, FinVentures UK Limited, Gryphon Partners Advisory Pty Ltd., Gryphon Partners Canada Inc., Nakornthon Bank, Pembroke Aircraft Leasing (UK) Limited, SC (Secretaries) Limited, SC 0verseas Investments Limited, SC Leaseco, SC Transport Leasing, SCMB Overseas Limited, Shanghai Siyanli Industrial, St. Helens Nominees Limited, Stanchart Nominees Limited, Standard Chartered (GOT) Limited, Standard Chartered APR Limited, Standard Chartered Africa Limited, Standard Chartered Debt Trading Limited, Standard Chartered Health Trustee (UK) Limited, Standard Chartered Holdings Limited, Standard Chartered I H Limited, Standard Chartered Leasing (UK) Limited, Standard Chartered Masterbrand Licensing Limited, Standard Chartered NEA Limited, Standard Chartered Nominees (Private Clients UK) Limited, Standard Chartered Nominees Limited, Standard Chartered Overseas Holdings Limited, Standard Chartered Secunties (Africa) Holdings Limited, Standard Chartered Trustees (UK) Limited, Standard Chartered UK Holdings Limited, Standard Chatered Bank, The BW Leasing Partnership, The BW Leasing Partnership 5 LP, The SC Transport Leasing Partnership, and Union Bank Ltd. Read More

OTCMKTS:SCBFF

Standard Chartered (SCBFF) Stock Price, News & Analysis

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$8.00

-0.39 (-4.65%)

(As of 04/15/2024 ET)

Compare

Today's Range: $8.00
▼
$8.00
50-Day Range: $7.06
▼
$9.00
52-Week Range: $7.06
▼
$9.78

Volume: 500 shs
Average Volume: 3,961 shs
Market Capitalization: $21.32 billion

P/E Ratio: 7.55
Dividend Yield: 5.25%
Price Target: $930.00

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

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Standard Chartered MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 11,525.0% Upside
$930.00 Price Target
Short Interest: Bearish
0.01% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.68
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.76%
From $1.58 to $1.75 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.94 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Standard Chartered has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Standard Chartered has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of Standard Chartered have been sold short.
Short Interest Ratio / Days to Cover
Standard Chartered has a short interest ratio ("days to cover") of 45.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Standard Chartered has recently increased by 7.90%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Standard Chartered is a leading dividend payer. It pays a dividend yield of 5.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Standard Chartered does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Standard Chartered is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Standard Chartered will have a dividend payout ratio of 24.00% next year. This indicates that Standard Chartered will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCBFF.

0.7

News and Social Media Coverage

News Sentiment
Standard Chartered has a news sentiment score of -0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Standard Chartered this week, compared to 1 article on an average week.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Standard Chartered insiders have not sold or bought any company stock.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Standard Chartered are expected to grow by 10.76% in the coming year, from $1.58 to $1.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Standard Chartered is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Standard Chartered is 7.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.36.
Price to Book Value per Share Ratio
Standard Chartered has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Standard Chartered Stock (OTCMKTS:SCBFF)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products. The company provides financial markets products and services that comprise project and export financing; debt capital markets and leveraged financing; financing and securities services; sales and structuring; macro, commodities, and credit trading; and market research services. In addition, it offers digital banking solutions. It serves financial institutions, governments, banks, investors, corporations, small to medium-sized businesses, and individuals. Standard Chartered PLC was founded in 1853 and is headquartered in London, the United Kingdom.

SCBFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCBFF Stock News Headlines

April 15, 2024 | finance.yahoo.com

India Sees Abundant Monsoon Rain in Boost to Economic Growth

April 10, 2024 | investing.com

Analysis-Global firms with China units tempted by cheaper renminbi funding

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 28, 2024 | finance.yahoo.com

StanChart Sees $30 Billion of Added Inflows Into Indian Bonds

March 27, 2024 | markets.businessinsider.com

Barclays Keeps Their Hold Rating on Standard Chartered (SCBFF)

March 25, 2024 | reuters.com

StanChart CEO Winters meets China FX regulator, launches investment banking unit

March 21, 2024 | finance.yahoo.com

Oil Declines for a Third Day as Rates and Geopolitics Dominate

March 19, 2024 | finance.yahoo.com

Standard Chartered: ETH Could Hit $14,000 if ETF Gets Approval

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 12, 2024 | pymnts.com

Standard Chartered Overhauls Investment Banking Leadership

March 7, 2024 | finance.yahoo.com

Standard Chartered: OPEC’s Latest Move Is Bullish

February 29, 2024 | reuters.com

JPMorgan picks HSBC, StanChart to run $500 bln custody business in Hong Kong, Taiwan

February 29, 2024 | ca.finance.yahoo.com

Standard Chartered targeted in complaint over coal plant funding

February 27, 2024 | cnbc.com

Bank CEO shrugs off U.S. war on 'woke' capital, says ESG investing is good for business

February 26, 2024 | finance.yahoo.com

Exclusive-StanChart suspends new investments from clients via China outbound channel

February 26, 2024 | reuters.com

Exclusive: StanChart suspends new investments from clients via China's outbound channel

February 26, 2024 | finance.yahoo.com

Greater Bay Area: HSBC, Standard Chartered increase Wealth Management Connect products amid drive to promote cross-border investment

February 26, 2024 | finance.yahoo.com

After losing 19% in the past year, Standard Chartered PLC (LON:STAN) institutional owners must be relieved by the recent gain

February 23, 2024 | msn.com

European stocks edge higher; German economic woes limit gains

February 23, 2024 | investing.com

Marketmind: Record world stocks leave bonds in gloom

February 23, 2024 | uk.finance.yahoo.com

FTSE 100 live: Stocks continue to rally as Standard Chartered announces $1bn buyback

February 23, 2024 | finance.yahoo.com

Stocks to Watch: Block, Nvidia, Warner Bros.

February 23, 2024 | finance.yahoo.com

UPDATE 1-STOXX 600 inches up as StanChart shines; ECB comments on tap

February 23, 2024 | uk.finance.yahoo.com

February 23, 2024 | investing.com

Marketmind: Tech stocks can't stop, won't stop

February 23, 2024 | cnbc.com

StanChart announces $1 billion share buyback as full year profit rises 18%

February 23, 2024 | msn.com

Standard Chartered Non-GAAP EPS of $0.304, NII of $2.39B; updates FY24 outlook

See More Headlines

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Company Calendar

Last Earnings: 2/23/2024
Today: 4/16/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: National commercial banks
Sub-Industry: N/A
Current Symbol: OTCMKTS:SCBFF
Previous Symbol: NASDAQ:SCBFF
CUSIP: N/A
CIK: N/A
Web: www.sc.com
Phone: 44-20-7885-8888
Fax: 44-20-7885-9999
Employees: 85,007
Year Founded: 1969

Price Target and Rating

Average Stock Price Target: $930.00
High Stock Price Target: $1,250.00
Low Stock Price Target: $610.00
Potential Upside/Downside: +11,525.0%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.06
Trailing P/E Ratio: 7.55
Forward P/E Ratio: 5.06
P/E Growth: N/A
Net Income: $3.47 billion
Net Margins: 9.26%
Pretax Margin: 13.59%
Return on Equity: 7.95%
Return on Assets: 0.48%

Debt

Debt-to-Equity Ratio: 1.48
Current Ratio: 0.84
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $37.48 billion
Price / Sales: 0.57
Cash Flow: $1.83 per share
Price / Cash Flow: 4.38
Book Value: $18.89 per share
Price / Book: 0.42

Miscellaneous

Outstanding Shares: 2,665,060,000
Free Float: N/A
Market Cap: $21.32 billion
Optionable: Not Optionable
Beta: 0.82

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Key Executives

Mr. William Thomas Winters CBE (Age 63)
Group Chief Executive & Director
Comp: $5.68M
Mr. Diego De Giorgi (Age 54)
Group CFO & Group Executive Director
Mr. Roeland Marinus Marie Louwhoff (Age 59)
Chief Technology, Operations & Transformation Officer
Mr. Steve Brice
Chief Investment Officer & Head of Discretionary Portfolio Management Division
Mr. Sumit Dayal
Group Head of Corporate Finance
Ms. Tracey McDermott CBE (Age 54)
Group Head of Conduct, Financial Crime & Compliance
Dr. Sandra Ngozi Okoro O.B.E. (Age 59)
Group General Counsel
Mr. Simon Kellaway
Head of Global Sales, Financing & Securities Services
Ms. Tanuj Kapilashrami (Age 47)
Group Head of Human Resources
Mr. Pi-Cheng Hung BBS (Age 59)
J.P., Chief Executive Officer of Asia

Key Competitors

View All Competitors

Should I Buy Standard Chartered Stock? SCBFF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Standard Chartered PLC:

Standard Chartered PLC provides a diverse range of banking products and services across multiple regions, offering investors exposure to various markets and potential growth opportunities.
The company's focus on digital banking solutions indicates a commitment to innovation and adapting to the evolving financial landscape, which could lead to increased efficiency and customer engagement.
Recent market research services offered by Standard Chartered PLC can provide valuable insights for investors looking to make informed decisions in the financial markets.
Investors may find the current stock price of Standard Chartered PLC attractive, potentially presenting a favorable entry point for those looking to invest in the company.
Standard Chartered PLC's wealth management products and services, including investments and portfolio management, cater to the needs of individuals seeking comprehensive financial solutions.

Cons

Investors should be bearish about investing in Standard Chartered PLC for these reasons:

Standard Chartered PLC is facing a complaint over its financing of coal-fired power plants, which could lead to reputational damage and potential legal implications, impacting investor sentiment.
Environmental and human rights groups have raised concerns about Standard Chartered's actions, highlighting potential risks associated with the company's operations and financing decisions.
The complaint against Standard Chartered regarding coal plant funding may lead to increased scrutiny from regulatory bodies, potentially resulting in additional compliance costs and operational challenges for the company.
Investors should consider the impact of negative publicity on Standard Chartered's brand image and how it may affect customer trust and loyalty, which could impact long-term growth prospects.
Uncertainties surrounding the outcome of the complaint against Standard Chartered may introduce volatility and uncertainty into the company's stock performance, requiring investors to carefully assess risk exposure.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Standard Chartered pros and cons to contact@marketbeat.com.

SCBFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Standard Chartered stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" SCBFF shares.
View SCBFF analyst ratings or view top-rated stocks.
What is Standard Chartered's stock price target for 2024?: 1 Wall Street analysts have issued 12-month price targets for Standard Chartered's stock. Their SCBFF share price targets range from $610.00 to $1,250.00. On average, they predict the company's stock price to reach $930.00 in the next twelve months. This suggests a possible upside of 11,525.0% from the stock's current price.
View analysts price targets for SCBFF or view top-rated stocks among Wall Street analysts.
How have SCBFF shares performed in 2024?: Standard Chartered's stock was trading at $8.3550 on January 1st, 2024. Since then, SCBFF shares have decreased by 4.2% and is now trading at $8.00.
View the best growth stocks for 2024 here.
Are investors shorting Standard Chartered?: Standard Chartered saw a decrease in short interest in March. As of March 15th, there was short interest totaling 330,300 shares, a decrease of 51.9% from the February 29th total of 687,000 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 44.0 days.
View Standard Chartered's Short Interest.

How were Standard Chartered's earnings last quarter?: Standard Chartered PLC (OTCMKTS:SCBFF) released its quarterly earnings data on Friday, February, 23rd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.06. The company earned $4.37 billion during the quarter, compared to the consensus estimate of $4.32 billion. Standard Chartered had a trailing twelve-month return on equity of 7.95% and a net margin of 9.26%.
Is Standard Chartered a good dividend stock?: Standard Chartered (OTCMKTS:SCBFF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 5.00%. SCBFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCBFF will have a dividend payout ratio of 24.00% next year. This indicates that the company will be able to sustain or increase its dividend.
How do I buy shares of Standard Chartered?: Shares of SCBFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Standard Chartered have any subsidiaries?: The following companies are subsidiares of Standard Chartered: American Express Bank, BM Dependents Limited, Chartered Financial Holdings Limited, FinVentures UK Limited, Gryphon Partners Advisory Pty Ltd., Gryphon Partners Canada Inc., Nakornthon Bank, Pembroke Aircraft Leasing (UK) Limited, SC (Secretaries) Limited, SC 0verseas Investments Limited, SC Leaseco, SC Transport Leasing, SCMB Overseas Limited, Shanghai Siyanli Industrial, St. Helens Nominees Limited, Stanchart Nominees Limited, Standard Chartered (GOT) Limited, Standard Chartered APR Limited, Standard Chartered Africa Limited, Standard Chartered Debt Trading Limited, Standard Chartered Health Trustee (UK) Limited, Standard Chartered Holdings Limited, Standard Chartered I H Limited, Standard Chartered Leasing (UK) Limited, Standard Chartered Masterbrand Licensing Limited, Standard Chartered NEA Limited, Standard Chartered Nominees (Private Clients UK) Limited, Standard Chartered Nominees Limited, Standard Chartered Overseas Holdings Limited, Standard Chartered Secunties (Africa) Holdings Limited, Standard Chartered Trustees (UK) Limited, Standard Chartered UK Holdings Limited, Standard Chatered Bank, The BW Leasing Partnership, The BW Leasing Partnership 5 LP, The SC Transport Leasing Partnership, and Union Bank Ltd.
Read More

This page (OTCMKTS:SCBFF) was last updated on 4/16/2024 by MarketBeat.com Staff

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Standard Chartered (SCBFF) Stock Price, News & Analysis

Standard Chartered MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Standard Chartered Stock (OTCMKTS:SCBFF)

SCBFF Stock Price History

SCBFF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Standard Chartered Stock? SCBFF Pros and Cons Explained

Pros

Cons

SCBFF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™