Standard Life Stock Rating Reaffirmed by BNP Paribas (SL)
Standard Life (LON:SL)‘s stock had its “outperform” rating reaffirmed by equities researchers at BNP Paribas in a research report issued on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 434 ($7.13) target price on the stock. BNP Paribas’ target price would indicate a potential upside of 18.58% from the company’s current price.
Standard Life (LON:SL) opened at 366.90 on Wednesday. Standard Life has a 52 week low of GBX 322.60 and a 52 week high of GBX 437.40. The stock’s 50-day moving average is GBX 366.0 and its 200-day moving average is GBX 356.2. The company’s market cap is £8.716 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Standard Life in a research note to investors on Tuesday. Separately, 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. Finally, 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. Seven equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company’s stock. Standard Life currently has an average rating of “Hold” and a consensus target price of GBX 501.72 ($8.25).
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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