Standard Life Stock Rating Reaffirmed by Galvan Research (SL)
Standard Life (LON:SL)‘s stock had its “sell” rating reiterated by equities researchers at Galvan Research in a research report issued on Wednesday, AmericanBankingNews.com reports.
SL has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Standard Life in a research note to investors on Tuesday. They now have a GBX 300 ($4.81) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Standard Life in a research note to investors on Monday, September 30th. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Standard Life in a research note to investors on Friday, September 27th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company’s stock. Standard Life currently has a consensus rating of “Hold” and an average target price of GBX 338 ($5.42).
Standard Life (LON:SL) traded down 0.88% on Wednesday, hitting GBX 338.0989. The stock had a trading volume of 7,259,445 shares. Standard Life has a 52-week low of GBX 277.00 and a 52-week high of GBX 437.40. The stock has a 50-day moving average of GBX 352.4 and a 200-day moving average of GBX 368.6. The company’s market cap is £8.032 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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