In a report released yesterday, Joseph Dickerson from Jefferies maintained a Buy rating on Standard Chartered (SCBFF – Research Report), with a price target of p1,100.00. The company’s shares closed last Wednesday at $8.30.
According to TipRanks, Dickerson is a 3-star analyst with an average return of 2.9% and a 48.91% success rate.
Currently, the analyst consensus on Standard Chartered is a Moderate Buy with an average price target of $11.11.
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SCBFF market cap is currently $21.85B and has a P/E ratio of 12.93.
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Standard Chartered (SCBFF) Company Description:
Standard Chartered Plc engages in the provision of banking and financial services. It operates through the following segments: Corporate and Institutional Banking, Retail Banking, Commercial Banking, Private Banking, and Central and Other Items. The Corporate and Institutional Banking segment supports clients with transaction banking, corporate finance, financial markets, and borrowing needs. The Retail Banking segment offers digital banking services, such as deposits, payments, financing products and wealth management, as well as supporting business banking needs. The Commercial Banking segment consists of international financial solutions in areas such as trade finance, cash management, financial markets, and corporate finance. The Private Banking segment comprises of suite of investment, credit, and wealth planning solutions. The company was founded on November 18, 1969 and is headquartered in London, the United Kingdom.
Read More on SCBFF:
- Standard Chartered price target lowered to 675 GBp from 750 GBp at Citi
- Standard Chartered upgraded to Buy from Neutral at Goldman Sachs
- Standard Chartered price target lowered to 750 GBp from 850 GBp at Citi
- Standard Chartered price target lowered to 835 GBp from 891 GBp at Morgan Stanley
- Standard Chartered price target lowered to 850 GBp from 860 GBp at Barclays
