Standard Chartered (SCBFY) to Post Quarterly Earnings on Wednesday

Standard Chartered (OTCMKTS:SCBFY) is anticipated to post its resultson Wednesday, July 29th. Analysts expect Standard Chartered to announce earnings of $1.33 per share and revenue of $5.6095 billion for the quarter.

Standard Chartered Price Performance

Shares of SCBFY opened at $56.74 on Wednesday. Standard Chartered has a 1 year low of $34.97 and a 1 year high of $58.20. The stock has a 50 day simple moving average of $54.17 and a 200-day simple moving average of $50.11.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Standard Chartered from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Standard Chartered currently has a consensus rating of “Strong Buy”.

Standard Chartered Company Profile

Standard Chartered PLC is a leading international banking group headquartered in London, with a heritage dating back to the 19th century. The bank was formed in 1969 through the merger of Standard Bank of British South Africa and Chartered Bank of India, Australia and China, combining deep roots in emerging markets with a global footprint. Over more than 150 years of operations, Standard Chartered has built a reputation for expertise in trade finance, corporate banking and cross-border transactions.

The company offers a broad range of financial products and services, including corporate and institutional banking, retail banking, wealth management, treasury and capital markets solutions.