Standard Life Plc Given New GBX 428 Price Target at Deutsche Bank (SL)
Equities researchers at Deutsche Bank raised their target price on shares of Standard Life Plc (LON:SL) from GBX 390 ($6.55) to GBX 428 ($7.19) in a research report issued on Tuesday, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 10.88% from the company’s current price.
Standard Life Plc (LON:SL) traded up 2.66% during mid-day trading on Tuesday, hitting GBX 386.00. The stock had a trading volume of 5,045,683 shares. Standard Life Plc has a one year low of GBX 330.90 and a one year 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.
A number of other firms have also recently commented on SL. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Life Plc in a research note on Tuesday. They now have a GBX 454 ($7.63) price target on the stock. Separately, 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). Finally, 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. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. Standard Life Plc has a consensus rating of “Hold” and a consensus target price of GBX 472.26 ($7.93).
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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