Standard Chartered (OTCMKTS:SCBFF) Hits New 12-Month High - Should You Buy?

Shares of Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $25.1450 and last traded at $25.1450, with a volume of 1201 shares trading hands. The stock had previously closed at $24.7040.Get Standard Chartered alerts:Analyst Ratings ChangesSCBFF has been the subject of a number of research reports. Citigroup reissued a "neutral" rating on shares of Standard Chartered in a research note on Monday, November 3rd. Zacks Research raised Standard Chartered from a "hold" rating to a "strong-buy" rating in a research report on Friday, December 12th. Morgan Stanley raised Standard Chartered from an "equal weight" rating to an "overweight" rating in a research report on Monday, November 24th. Finally, The Goldman Sachs Group upgraded Standard Chartered from a "hold" rating to a "buy" rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy".Check Out Our Latest Analysis on Standard CharteredStandard Chartered Stock PerformanceThe stock has a market capitalization of $56.24 billion, a price-to-earnings ratio of 13.16 and a beta of 0.53. The company's 50 day moving average is $21.92 and its 200 day moving average is $19.50. Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.06. Standard Chartered had a net margin of 12.84% and a return on equity of 10.88%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.97 billion. On average, equities research analysts anticipate that Standard Chartered PLC will post 1.66 earnings per share for the current fiscal year. About Standard Chartered (Get Free Report)Standard Chartered plc is a British multinational banking and financial services company headquartered in London. The firm traces its modern form to the 1969 merger of the Chartered Bank of India, Australia and China (founded in 1853) and Standard Bank of British South Africa (founded in 1862), creating an international bank with deep historical roots in trade finance and cross-border banking. Standard Chartered maintains a global footprint and a long-standing focus on facilitating trade and capital flows between developed and emerging markets. Standard Chartered provides a broad range of banking and financial services for corporate, institutional and individual clients.Recommended StoriesFive stocks we like better than Standard CharteredBuy this $2 Gold Stock Before January 1, 2026Trump’s new AI budget just passed — one stock could soarALERT: Drop these 5 stocks before January 2026!Do not delete, read immediatelyBNZI Posts Record Q3 Revenue – See What’s Driving It.This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Standard Chartered Right Now?Before you consider Standard Chartered, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Chartered wasn't on the list.While Standard Chartered currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here