Standard Life Rating Reiterated by JPMorgan Chase & Co. (SL)
Standard Life (LON:SL)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Friday, Analyst Ratings.Net reports. They currently have a GBX 430 ($6.90) price objective on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 24.13% from the stock’s previous close.
Standard Life (LON:SL) traded up 2.60% during mid-day trading on Friday, hitting GBX 355.40. The stock had a trading volume of 3,048,179 shares. Standard Life has a 1-year low of GBX 277.80 and a 1-year 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 £8.443 billion.
SL has been the subject of a number of other recent research reports. Analysts at Macquarie reiterated an “outperform” rating on shares of Standard Life in a research note to investors on Thursday. They now have a GBX 444 ($7.12) price target on the stock. Separately, analysts at Galvan Research reiterated a “sell” rating on shares of Standard Life in a research note to investors on Wednesday. Finally, 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. Five investment 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. The company has an average rating of “Hold” and an average price target of GBX 348.72 ($5.59).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.