Standard Life Stock Rating Reaffirmed by Bank of America Corp. (SL)
Standard Life (LON:SL)‘s stock had its “neutral” rating reaffirmed by research analysts at Bank of America Corp. in a report released on Monday, American Banking News reports.
Shares of Standard Life (LON:SL) traded down 1.74% during mid-day trading on Monday, hitting GBX 345.40. 4,338,555 shares of the company’s stock traded hands. Standard Life has a 1-year low of GBX 270.90 and a 1-year high of GBX 437.40. The stock’s 50-day moving average is GBX 352.4 and its 200-day moving average is GBX 368.6. The company’s market cap is £8.205 billion.
A number of other analysts have also recently weighed in on SL. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Standard Life (LON:SL) in a research note to investors on Friday. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Standard Life (LON:SL) in a research note to investors on Monday, September 16th. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Standard Life (LON:SL) in a research note to investors on Thursday, September 12th. They now have a GBX 434 ($7.00) price target on the stock. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 338 ($5.45).
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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