Credit Suisse Reiterates Outperform Rating for Standard Life Plc (SL)
Standard Life Plc (LON:SL)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 425 ($7.07) target price on the stock. Credit Suisse’s target price points to a potential upside of 9.31% from the stock’s previous close.
Shares of Standard Life Plc (LON:SL) opened at 388.60 on Tuesday. Standard Life Plc 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 369.1 and its 200-day moving average is GBX 356.1. The company’s market cap is £9.232 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura upgraded shares of Standard Life Plc from a “reduce” rating to a “neutral” rating in a research note on Thursday, February 20th. They now have a GBX 375 ($6.24) price target on the stock, up previously from GBX 337 ($5.60). Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Standard Life Plc in a research note on Monday, February 17th. They now have a GBX 400 ($6.65) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Standard Life Plc in a research note on Thursday, February 6th. They now have a GBX 330 ($5.49) price target on the stock. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 504.37 ($8.39).
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