Standard Life’s “Equal weight” Rating Reaffirmed at Barclays (SL)
Standard Life (LON:SL)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays in a research note issued to investors on Tuesday, StockRatingsNetwork reports.
A number of other firms have also recently commented on SL. Analysts at Galvan Research reiterated a “buy” rating on shares of Standard Life in a research note to investors on Wednesday, January 29th. They now have a GBX 395 ($6.49) price target on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Standard Life from GBX 430 ($7.07) to GBX 427 ($7.02) in a research note to investors on Wednesday, January 29th. They now have an “overweight” rating on the stock. Finally, analysts at RBC Capital upgraded shares of Standard Life to an “outperform” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 450 ($7.40) price target on the stock, up previously from GBX 400 ($6.57). Seven investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 501.72 ($8.25).
Standard Life (LON:SL) opened at 360.40 on Tuesday. 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 366.0 and a 200-day moving average of GBX 356.. The company’s market cap is £8.562 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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