Investec Lowers Standard Chartered (SCBFF) to Hold
Standard Chartered (OTCMKTS:SCBFF) was downgraded by equities research analysts at Investec from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.
Separately, Keefe, Bruyette & Woods raised Standard Chartered from an “underperform” rating to a “market perform” rating in a research report on Tuesday, September 11th.
Shares of OTCMKTS SCBFF opened at $7.56 on Tuesday. Standard Chartered has a fifty-two week low of $6.64 and a fifty-two week high of $12.10.
Standard Chartered PLC provides various banking products and services in the Greater China and North Asia, ASEAN and South Asia, Africa and the Middle East, and Europe and America. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking.
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