Barclays Keeps a Sell Rating on Standard Chartered (SCBFF)

Markets
Rakkar has an average return of 5.1% when recommending Standard Chartered.
According to TipRanks.com, Rakkar is ranked #1127 out of 7467 analysts.
Standard Chartered has an analyst consensus of Hold, with a price target consensus of $6.74.
Based on Standard Chartered’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.31 billion and GAAP net loss of $478 million. In comparison, last year the company earned revenue of $3.54 billion and had a net profit of $65 million.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCBFF in relation to earlier this year.

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