Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $61.18, but opened at $57.73. Standard Chartered shares last traded at $57.6950, with a volume of 7,429 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research cut shares of Standard Chartered from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Standard Chartered has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Standard Chartered
Standard Chartered Trading Down 1.9%
Standard Chartered Company Profile
Standard Chartered PLC is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa and the Middle East. The group serves individuals, businesses, financial institutions and governments through operations spanning a broad network of developed and emerging economies.
The company provides corporate and institutional banking, commercial banking, retail banking, private banking and wealth management services. Its offerings include lending, deposits, transaction banking, trade finance, cash management, foreign exchange, capital markets, investment banking, investment management and digital banking solutions.
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