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Jefferies Sticks to Their Buy Rating for Standard Chartered (SCBFF)
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Jefferies Sticks to Their Buy Rating for Standard Chartered (SCBFF)

In a report released on January 1, Joseph Dickerson from Jefferies maintained a Buy rating on Standard Chartered (SCBFFResearch Report), with a price target of p1,100.00. The company’s shares closed yesterday at $8.30.

According to TipRanks, Dickerson is ranked #3032 out of 8601 analysts.

Standard Chartered has an analyst consensus of Moderate Buy, with a price target consensus of $11.07.

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SCBFF market cap is currently $21.94B and has a P/E ratio of 12.92.

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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.

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