Trade Report: The Standard Chartered PLC (SCBFF) Given Consensus Rating of “Hold” by Brokerages

The Standard Chartered PLC (SCBFF) Given Consensus Rating of “Hold” by Brokerages

Standard Chartered PLC (OTC:SCBFF) has received an average rating of “Hold” from the seven analysts that are currently covering the firm. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company.

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada downgraded shares of Standard Chartered PLC from a “sector perform” rating to an “underperform” rating in a research note on Monday, October 24th. HSBC downgraded shares of Standard Chartered PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, August 17th. Finally, Citigroup Inc. raised shares of Standard Chartered PLC from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 13th.

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