Standard Life Given “Overweight” Rating at JPMorgan Chase & Co. (SL)
Standard Life (LON:SL)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 427 ($7.02) price target on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 13.78% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Standard Life in a research note to investors on Wednesday. They now have a GBX 434 ($7.13) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Standard Life in a research note to investors on Tuesday. Finally, 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. Seven analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the stock. Standard Life has an average rating of “Hold” and an average target price of GBX 502.47 ($8.26).
Shares of Standard Life (LON:SL) traded up 2.23% during mid-day trading on Thursday, hitting GBX 375.30. 4,475,680 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 has a 50-day moving average of GBX 367.4 and a 200-day moving average of GBX 356.0. The company’s market cap is £8.916 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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