Standard Chartered (OTCMKTS:SCBFF – Get Free Report) is projected to release its results before the market opens on Friday, February 20th. Analysts expect Standard Chartered to post earnings of $0.34 per share for the quarter.
Standard Chartered Trading Down 2.0%
Shares of OTCMKTS:SCBFF opened at $24.13 on Friday. The business has a 50-day moving average price of $24.37 and a 200 day moving average price of $21.19. Standard Chartered has a 12-month low of $10.65 and a 12-month high of $26.45. The company has a market capitalization of $54.85 billion, a price-to-earnings ratio of 12.83 and a beta of 0.52.
Wall Street Analysts Forecast Growth
A number of research firms have commented on SCBFF. Morgan Stanley restated an “overweight” rating on shares of Standard Chartered in a research note on Wednesday, January 14th. The Goldman Sachs Group raised Standard Chartered from a “hold” rating to a “buy” rating in a report on Thursday, December 11th. Citigroup reissued a “neutral” rating on shares of Standard Chartered in a report on Friday, January 9th. Finally, Zacks Research lowered Standard Chartered from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Standard Chartered Company Profile
Standard Chartered plc is a British multinational banking and financial services company headquartered in London. The firm traces its modern form to the 1969 merger of the Chartered Bank of India, Australia and China (founded in 1853) and Standard Bank of British South Africa (founded in 1862), creating an international bank with deep historical roots in trade finance and cross-border banking. Standard Chartered maintains a global footprint and a long-standing focus on facilitating trade and capital flows between developed and emerging markets.
Standard Chartered provides a broad range of banking and financial services for corporate, institutional and individual clients.
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