Standard Chartered (OTCMKTS:SCBFY – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday, Zacks reports.
Standard Chartered Trading Down 3.0%
Shares of OTCMKTS SCBFY opened at $55.78 on Tuesday. Standard Chartered has a 1 year low of $37.32 and a 1 year high of $63.15. The company’s 50-day moving average is $60.09 and its 200 day moving average is $55.06.
About Standard Chartered
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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