JPMorgan Chase & Co. Reiterates “Overweight” Rating for Standard Life (SL)
Standard Life (LON:SL)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Stock Ratings Network reports. They currently have a GBX 430 ($7.05) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 15.93% from the stock’s previous close.
SL has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Standard Life in a research note to investors on Tuesday, December 17th. They now have a GBX 320 ($5.25) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Standard Life from GBX 425 ($6.97) to GBX 400 ($6.56) in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Standard Life in a research note to investors on Tuesday, December 3rd. They now have a GBX 349 ($5.72) price target on the stock. Nine investment 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. Standard Life has a consensus rating of “Hold” and an average price target of GBX 556.37 ($9.13).
Shares of Standard Life (LON:SL) traded up 1.39% on Tuesday, hitting GBX 370.90. 5,050,279 shares of the company’s stock traded hands. Standard Life has a one year low of GBX 322.60 and a one year high of GBX 437.40. The stock’s 50-day moving average is GBX 348.9 and its 200-day moving average is GBX 355.. The company’s market cap is £8.811 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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