Standard Life Stock Rating Reaffirmed by BNP Paribas (SL)
Standard Life (LON:SL)‘s stock had its “outperform” rating reaffirmed by equities research analysts at BNP Paribas in a research note issued to investors on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 434 ($6.79) target price on the stock. BNP Paribas’ target price points to a potential upside of 26.02% from the company’s current price.
A number of other firms have also recently commented on SL. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Life (LON:SL) in a research note to investors on Thursday, August 22nd. Separately, analysts at Credit Suisse upgraded shares of Standard Life (LON:SL) to a “neutral” rating in a research note to investors on Wednesday, August 21st. They now have a GBX 362 ($5.66) price target on the stock. Finally, analysts at Barclays Capital reiterated an “underweight” rating on shares of Standard Life (LON:SL) in a research note to investors on Friday, August 16th. They now have a GBX 285 ($4.46) price target on the stock.
Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 339.32 ($5.31).
Shares of Standard Life (LON:SL) traded down 1.07% during mid-day trading on Thursday, hitting GBX 340.70. The stock had a trading volume of 2,368,943 shares. The stock’s 50-day moving average is GBX 358.3 and its 200-day moving average is GBX 368.9. The company’s market cap is £8.094 billion.
Standard Life plc is a holding company engaged in providing long-term savings and investments. Its business segments are UK, Global Investment Management, Canada, International and Other.
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