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Equities research analysts at Goldman Sachs Group Inc. increased their price target on shares of Standard Life (LON:SL) from GBX 320 ($5.27) to GBX 335 ($5.52) in a research note issued to investors on Friday, Stock Ratings Network reports. The firm currently has a “sell” rating on the stock. Goldman Sachs Group Inc.’s price objective points to a potential downside of 12.30% from the company’s current price.

Standard Life (LON:SL) traded up 0.58% during mid-day trading on Friday, hitting GBX 384.20. 3,914,108 shares of the company’s stock traded hands. Standard Life has a 52 week low of GBX 322.60 and a 52 week high of GBX 437.40. The stock has a 50-day moving average of GBX 355.5 and a 200-day moving average of GBX 356.. The company’s market cap is £9.127 billion.

Several other analysts have also recently commented on the stock. Analysts at Credit Suisse upgraded shares of Standard Life to an “outperform” rating in a research note to investors on Wednesday. They now have a GBX 425 ($7.00) price target on the stock, up previously from GBX 362 ($5.97). Separately, analysts at Citigroup Inc. cut their price target on shares of Standard Life from GBX 376 ($6.20) to GBX 360 ($5.93) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Life in a research note to investors on Tuesday, January 7th. They now have a GBX 430 ($7.09) price target on the stock. Eight analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 498.14 ($8.21).

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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