Should I buy or sell Standard Chartered stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last year. There are currently 1 sell rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SCBFF shares. View SCBFF analyst ratings or view top-rated stocks .

What is Standard Chartered's stock price target for 2024?

2 analysts have issued 1-year price targets for Standard Chartered's shares. Their SCBFF share price targets range from $610.00 to $1,250.00. On average, they expect the company's share price to reach $930.00 in the next year. This suggests a possible upside of 10,037.6% from the stock's current price. View analysts price targets for SCBFF or view top-rated stocks among Wall Street analysts .

How have SCBFF shares performed in 2024?

Standard Chartered's stock was trading at $8.3550 on January 1st, 2024. Since then, SCBFF shares have increased by 9.8% and is now trading at $9.1738. View the best growth stocks for 2024 here .

Are investors shorting Standard Chartered?

Standard Chartered saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 214,700 shares, a decline of 41.7% from the April 30th total of 368,000 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 238.6 days. View Standard Chartered's Short Interest .

How were Standard Chartered's earnings last quarter?

Standard Chartered PLC (OTCMKTS:SCBFF) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.14. The business earned $5.13 billion during the quarter. Standard Chartered had a trailing twelve-month return on equity of 8.59% and a net margin of 8.98%.

Is Standard Chartered a good dividend stock?

Standard Chartered (OTCMKTS:SCBFF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 4.58%. SCBFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCBFF will have a dividend payout ratio of 21.76% next year. This indicates that the company will be able to sustain or increase its dividend.

How do I buy shares of Standard Chartered?

Shares of SCBFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Standard Chartered have any subsidiaries?

The following companies are subsidiares of Standard Chartered: American Express Bank, BM Dependents Limited, Chartered Financial Holdings Limited, FinVentures UK Limited, Gryphon Partners Advisory Pty Ltd., Gryphon Partners Canada Inc., Nakornthon Bank, Pembroke Aircraft Leasing (UK) Limited, SC (Secretaries) Limited, SC 0verseas Investments Limited, SC Leaseco, SC Transport Leasing, SCMB Overseas Limited, Shanghai Siyanli Industrial, St. Helens Nominees Limited, Stanchart Nominees Limited, Standard Chartered (GOT) Limited, Standard Chartered APR Limited, Standard Chartered Africa Limited, Standard Chartered Debt Trading Limited, Standard Chartered Health Trustee (UK) Limited, Standard Chartered Holdings Limited, Standard Chartered I H Limited, Standard Chartered Leasing (UK) Limited, Standard Chartered Masterbrand Licensing Limited, Standard Chartered NEA Limited, Standard Chartered Nominees (Private Clients UK) Limited, Standard Chartered Nominees Limited, Standard Chartered Overseas Holdings Limited, Standard Chartered Secunties (Africa) Holdings Limited, Standard Chartered Trustees (UK) Limited, Standard Chartered UK Holdings Limited, Standard Chatered Bank, The BW Leasing Partnership, The BW Leasing Partnership 5 LP, The SC Transport Leasing Partnership, and Union Bank Ltd. Read More

OTCMKTS:SCBFF

Standard Chartered (SCBFF) Stock Price, News & Analysis

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$9.17

0.00 (0.00%)

(As of 06/7/2024 ET)

Compare

Today's Range: $9.17
▼
$9.17
50-Day Range: $7.81
▼
$9.97
52-Week Range: $7.06
▼
$9.97

Volume: 1,850 shs
Average Volume: 18,987 shs
Market Capitalization: $23.60 billion

P/E Ratio: 8.26
Dividend Yield: 4.58%
Price Target: $930.00

Stock Analysis Analyst Forecasts Chart Earnings Headlines Short Interest

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Standard Chartered MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 10,037.6% Upside
$930.00 Price Target
Short Interest: Healthy
0.01% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 16.97%
From $1.65 to $1.93 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Standard Chartered has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Standard Chartered has only been the subject of 1 research reports in the past 90 days.
Read more about Standard Chartered's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
0.01% of the outstanding shares of Standard Chartered have been sold short.
Short Interest Ratio / Days to Cover
Standard Chartered has a short interest ratio ("days to cover") of 238.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Standard Chartered has recently decreased by 41.66%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Standard Chartered is a leading dividend payer. It pays a dividend yield of 4.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Standard Chartered does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Standard Chartered is 37.84%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Standard Chartered will have a dividend payout ratio of 21.76% next year. This indicates that Standard Chartered will be able to sustain or increase its dividend.
Read more about Standard Chartered's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCBFF.

2.2

News and Social Media Coverage

News Sentiment
Standard Chartered has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
MarketBeat Follows
3 people have added Standard Chartered to their MarketBeat watchlist in the last 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Standard Chartered insiders have not sold or bought any company stock.
Read more about Standard Chartered's insider trading history.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Standard Chartered are expected to grow by 16.97% in the coming year, from $1.65 to $1.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Standard Chartered is 8.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Standard Chartered is 8.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.76.
Price to Book Value per Share Ratio
Standard Chartered has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Standard Chartered Stock (OTCMKTS:SCBFF)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures. It offers retail products, such as deposits, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance, and wealth advice; and transaction banking services, such as cash management, working capital, and trade financing products. The company provides financial markets products and services that comprise project and export financing; debt capital markets and leveraged financing; financing and securities services; sales and structuring; macro, commodities, and credit trading; and market research services. In addition, it offers digital banking solutions. It serves financial institutions, governments, banks, investors, corporations, small to medium-sized businesses, and individuals. Standard Chartered PLC was founded in 1853 and is headquartered in London, the United Kingdom.

SCBFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCBFF Stock News Headlines

May 28, 2024 | finance.yahoo.com

Brazil Consumer Prices Rise Less Than Forecast

May 22, 2024 | msn.com

SEC to Approve Ether ETFs? Standard Chartered Thinks So

May 7, 2024 | finance.yahoo.com

Oil Declines With US Stockpiles and Mideast Tensions in Focus

May 3, 2024 | finance.yahoo.com

Standard Chartered First Quarter 2024 Earnings: Beats Expectations

May 2, 2024 | markets.businessinsider.com

Standard Chartered: Strong Q1 Performance and Solid Financial Health Reinforce Buy Rating

May 2, 2024 | msn.com

European stocks mixed; Shell shines as quarterly earnings continue

May 2, 2024 | finance.yahoo.com

StanChart profit beats forecasts as fee income boost offsets credit losses

May 2, 2024 | finance.yahoo.com

UPDATE 2-StanChart Q1 profit beats estimates as income boost outweighs China woes

April 22, 2024 | msn.com

Bitcoin traders shrug off 'halving' to focus on broader market risks

April 19, 2024 | sg.finance.yahoo.com

Exclusive - UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive

April 15, 2024 | finance.yahoo.com

India Sees Abundant Monsoon Rain in Boost to Economic Growth

April 10, 2024 | investing.com

Analysis-Global firms with China units tempted by cheaper renminbi funding

March 28, 2024 | finance.yahoo.com

StanChart Sees $30 Billion of Added Inflows Into Indian Bonds

March 27, 2024 | markets.businessinsider.com

Barclays Keeps Their Hold Rating on Standard Chartered (SCBFF)

March 25, 2024 | reuters.com

StanChart CEO Winters meets China FX regulator, launches investment banking unit

March 21, 2024 | finance.yahoo.com

Oil Declines for a Third Day as Rates and Geopolitics Dominate

March 19, 2024 | finance.yahoo.com

Standard Chartered: ETH Could Hit $14,000 if ETF Gets Approval

March 12, 2024 | pymnts.com

Standard Chartered Overhauls Investment Banking Leadership

March 7, 2024 | finance.yahoo.com

Standard Chartered: OPEC’s Latest Move Is Bullish

February 29, 2024 | reuters.com

JPMorgan picks HSBC, StanChart to run $500 bln custody business in Hong Kong, Taiwan

February 29, 2024 | ca.finance.yahoo.com

Standard Chartered targeted in complaint over coal plant funding

February 27, 2024 | cnbc.com

Bank CEO shrugs off U.S. war on 'woke' capital, says ESG investing is good for business

February 26, 2024 | finance.yahoo.com

Exclusive-StanChart suspends new investments from clients via China outbound channel

February 26, 2024 | reuters.com

Exclusive: StanChart suspends new investments from clients via China's outbound channel

February 26, 2024 | finance.yahoo.com

Greater Bay Area: HSBC, Standard Chartered increase Wealth Management Connect products amid drive to promote cross-border investment

See More Headlines

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Company Calendar

Last Earnings: 5/02/2024
Today: 6/10/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: National commercial banks
Sub-Industry: N/A
Current Symbol: OTCMKTS:SCBFF
Previous Symbol: NASDAQ:SCBFF
CUSIP: N/A
CIK: N/A
Web: www.sc.com
Phone: 44-20-7885-8888
Fax: 44-20-7885-9999
Employees: 85,007
Year Founded: 1969

Price Target and Rating

Average Stock Price Target: $930.00
High Stock Price Target: $1,250.00
Low Stock Price Target: $610.00
Potential Upside/Downside: +10,037.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.11
Trailing P/E Ratio: 8.26
Forward P/E Ratio: 5.56
P/E Growth: N/A
Net Income: $3.47 billion
Net Margins: 8.98%
Pretax Margin: 13.59%
Return on Equity: 8.59%
Return on Assets: 0.52%

Debt

Debt-to-Equity Ratio: 1.48
Current Ratio: 0.84
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $37.48 billion
Price / Sales: 0.63
Cash Flow: $1.92 per share
Price / Cash Flow: 4.79
Book Value: $18.89 per share
Price / Book: 0.49

Miscellaneous

Outstanding Shares: 2,572,330,000
Free Float: N/A
Market Cap: $23.60 billion
Optionable: Not Optionable
Beta: 0.79

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Key Executives

Mr. William Thomas Winters CBE (Age 63)
Group Chief Executive & Executive Director
Comp: $5.71M
Mr. Diego De Giorgi (Age 54)
Group CFO & Group Executive Director
Mr. Roeland Marinus Marie Louwhoff (Age 59)
Chief Technology, Operations & Transformation Officer
Mr. Steve Brice
Chief Investment Officer & Head of Discretionary Portfolio Management Division
Mr. Sumit Dayal
Group Head of Corporate Finance
Mr. Manus James MacGregor Costello (Age 48)
Global Head of Investor Relations
Ms. Tracey McDermott CBE (Age 54)
Group Head of Conduct, Financial Crime & Compliance
Dr. Sandra Ngozi Okoro O.B.E. (Age 59)
Group General Counsel
Mr. Simon Kellaway
Head of Global Sales, Financing & Securities Services
Ms. Tanuj Kapilashrami (Age 47)
Chief Strategy & Talent Officer

Key Competitors

View All Competitors

Should I Buy Standard Chartered Stock? SCBFF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Standard Chartered PLC:

Standard Chartered PLC has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company has a diversified business model, operating in multiple regions, which helps in reducing geographical risk.
Standard Chartered PLC recently announced a strategic partnership with a leading fintech company to enhance its digital banking services, potentially increasing customer engagement and revenue.
The current stock price of Standard Chartered PLC is trading at a discount compared to its intrinsic value, presenting a potential buying opportunity for investors.
The company has a history of paying stable dividends, providing investors with a reliable income stream.

Cons

Investors should be bearish about investing in Standard Chartered PLC for these reasons:

Standard Chartered PLC operates in the financial sector, which is subject to regulatory changes and economic fluctuations, impacting the company's profitability.
The company faces intense competition from both traditional banks and emerging fintech startups, potentially affecting its market share and growth prospects.
Standard Chartered PLC has exposure to emerging markets, which can be volatile and pose currency exchange risks, impacting the company's financial performance.
The company's net interest margin may be pressured in a low-interest-rate environment, affecting its interest income and overall profitability.
Investors should closely monitor the company's debt levels and liquidity position, as high debt levels can increase financial risk and impact shareholder returns.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these Standard Chartered pros and cons to contact@marketbeat.com.

SCBFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Standard Chartered stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Standard Chartered in the last year. There are currently 1 sell rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SCBFF shares.
View SCBFF analyst ratings or view top-rated stocks.
What is Standard Chartered's stock price target for 2024?: 2 analysts have issued 1-year price targets for Standard Chartered's shares. Their SCBFF share price targets range from $610.00 to $1,250.00. On average, they expect the company's share price to reach $930.00 in the next year. This suggests a possible upside of 10,037.6% from the stock's current price.
View analysts price targets for SCBFF or view top-rated stocks among Wall Street analysts.
How have SCBFF shares performed in 2024?: Standard Chartered's stock was trading at $8.3550 on January 1st, 2024. Since then, SCBFF shares have increased by 9.8% and is now trading at $9.1738.
View the best growth stocks for 2024 here.
Are investors shorting Standard Chartered?: Standard Chartered saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 214,700 shares, a decline of 41.7% from the April 30th total of 368,000 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 238.6 days.
View Standard Chartered's Short Interest.

How were Standard Chartered's earnings last quarter?: Standard Chartered PLC (OTCMKTS:SCBFF) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.14. The business earned $5.13 billion during the quarter. Standard Chartered had a trailing twelve-month return on equity of 8.59% and a net margin of 8.98%.
Is Standard Chartered a good dividend stock?: Standard Chartered (OTCMKTS:SCBFF) pays an annual dividend of $0.42 per share and currently has a dividend yield of 4.58%. SCBFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCBFF will have a dividend payout ratio of 21.76% next year. This indicates that the company will be able to sustain or increase its dividend.
How do I buy shares of Standard Chartered?: Shares of SCBFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Standard Chartered have any subsidiaries?: The following companies are subsidiares of Standard Chartered: American Express Bank, BM Dependents Limited, Chartered Financial Holdings Limited, FinVentures UK Limited, Gryphon Partners Advisory Pty Ltd., Gryphon Partners Canada Inc., Nakornthon Bank, Pembroke Aircraft Leasing (UK) Limited, SC (Secretaries) Limited, SC 0verseas Investments Limited, SC Leaseco, SC Transport Leasing, SCMB Overseas Limited, Shanghai Siyanli Industrial, St. Helens Nominees Limited, Stanchart Nominees Limited, Standard Chartered (GOT) Limited, Standard Chartered APR Limited, Standard Chartered Africa Limited, Standard Chartered Debt Trading Limited, Standard Chartered Health Trustee (UK) Limited, Standard Chartered Holdings Limited, Standard Chartered I H Limited, Standard Chartered Leasing (UK) Limited, Standard Chartered Masterbrand Licensing Limited, Standard Chartered NEA Limited, Standard Chartered Nominees (Private Clients UK) Limited, Standard Chartered Nominees Limited, Standard Chartered Overseas Holdings Limited, Standard Chartered Secunties (Africa) Holdings Limited, Standard Chartered Trustees (UK) Limited, Standard Chartered UK Holdings Limited, Standard Chatered Bank, The BW Leasing Partnership, The BW Leasing Partnership 5 LP, The SC Transport Leasing Partnership, and Union Bank Ltd.
Read More

This page (OTCMKTS:SCBFF) was last updated on 6/10/2024 by MarketBeat.com Staff

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Standard Chartered (SCBFF) Stock Price, News & Analysis

Standard Chartered MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Leadership

Dividend Growth

Dividend Coverage

Dividend Sustainability