Standard Chartered PLC Receives a ‘Moderate Buy’ Consensus Rating As the global economic climate continues to change rapidly, many investors are keeping a close eye on the banking sector, including Standard Chartered PLC (LON:STAN). According to Bloomberg Ratings, the stock has been given a consensus rating of “Moderate Buy” by nine ratings firms that are currently covering the firm. This indicates a level of positive sentiment and confidence among analysts in Standard Chartered’s future prospects. Of the ratings provided, four equities research analysts have rated the stock with a hold rating while four have designated it as a buy. While there isn’t unanimity among experts regarding Standard Chartered’s value proposition, there appears to be enough optimism surrounding this multinational bank to give it an overall moderate buy rating. One factor that might contribute to this optimistic tone is Standard Chartered’s ability to maintain its presence despite widespread uncertainties caused by the pandemic. As other banks around the world close down branches and slash their workforces, Standard Chartered has sought another way forward – doubling down on digital transformation. The bank was already in the process of reimagining itself through technology solutions. However, the pandemic accelerated those plans causing it […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
