JPMorgan Chase & Co. Reiterates Overweight Rating for Standard Life Plc (SL)
Standard Life Plc (LON:SL)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 454 ($7.63) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 17.62% from the company’s current price.
A number of other analysts have also recently weighed in on SL. Analysts at Goldman Sachs upgraded shares of Standard Life Plc to a “neutral” rating in a research note on Thursday, April 24th. They now have a GBX 375 ($6.30) price target on the stock, up previously from GBX 335 ($5.63). Separately, analysts at Berenberg Bank raised their price target on shares of Standard Life Plc from GBX 333 ($5.59) to GBX 370 ($6.22) in a research note on Thursday, April 17th. They now have a “hold” rating on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Standard Life Plc in a research note on Monday, March 31st. They now have a GBX 320 ($5.38) price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 472.26 ($7.93).
Standard Life Plc (LON:SL) traded up 2.66% on Tuesday, hitting GBX 386.00. The stock had a trading volume of 5,045,683 shares. Standard Life Plc has a 52 week low of GBX 330.90 and a 52 week high of GBX 437.40. The stock has a 50-day moving average of GBX 376.3 and a 200-day moving average of GBX 366.. The company’s market cap is £9.162 billion.
Standard Life plc is a long term savings and investments company. The Company operates in four segments: UK and Europe, Standard Life Investment, Canada, Asia and Emerging Markets and Other.
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