Investec Lowers Standard Chartered (SCBFF) to Hold

Investec downgraded shares of Standard Chartered (OTCMKTS:SCBFF) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning.

Separately, Keefe, Bruyette & Woods upgraded shares of Standard Chartered from an underperform rating to a market perform rating in a research note on Tuesday, September 11th.

OTCMKTS SCBFF opened at $7.38 on Tuesday. Standard Chartered has a 1 year low of $6.64 and a 1 year high of $12.10.

About Standard Chartered

Standard Chartered PLC provides various banking products and services in the Greater China and North Asia, ASEAN and South Asia, Africa and the Middle East, and Europe and America. The company operates in four segments: Corporate & Institutional Banking, Private Banking, Commercial Banking, and Retail Banking.

Further Reading: Analyst Ratings

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