Deutsche Bank reissued their hold rating on shares of Standard Chartered (NASDAQ:SCBFF) in a research report released on Monday morning, StockRatingsNetwork.com reports.
Deutsche Bank has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of CRH PLC. Also, Deutsche Bank reiterated its buy rating on shares of Barclays. Finally, Deutsche Bank reiterated its hold rating on shares of SAP Aktiengesellschaft.
Standard Chartered (NASDAQ:SCBFF) traded down 0.21% during mid-day trading on Monday, hitting $23.41. 3,008 shares of the company’s stock traded hands. Standard Chartered has a 52 week low of $21.30 and a 52 week high of $27.87. The stock’s 50-day moving average is $23.93 and its 200-day moving average is $23.49. The company has a market cap of $56.605 billion and a P/E ratio of 13.91.
A number of other firms have also recently commented on SCBFF. Analysts at Credit Suisse reiterated an underperform rating on shares of Standard Chartered in a research note to investors on Wednesday, November 27th. Separately, analysts at Macquarie upgraded shares of Standard Chartered from a neutral rating to an outperform rating in a research note to investors on Tuesday, November 26th. Finally, analysts at Nomura reiterated a buy rating on shares of Standard Chartered in a research note to investors on Wednesday, November 13th. They now have a $1,810.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $1,623.78.
Standard Chartered Bank provides personal and business banking services such as loans and mortgages, insurance and investment.
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