Standard Life Plc Rating Reiterated by Deutsche Bank (SL)
Standard Life Plc (LON:SL)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Monday. They currently have a GBX 428 ($7.18) target price on the stock. Deutsche Bank’s price target would suggest a potential upside of 8.82% from the stock’s previous close.
SL has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Standard Life Plc in a research note on Tuesday, May 27th. Separately, analysts at Canaccord Genuity cut their price target on shares of Standard Life Plc from GBX 440 ($7.38) to GBX 430 ($7.21) in a research note on Thursday, May 1st. They now have a “buy” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Standard Life Plc in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 478.35 ($8.02).
Standard Life Plc (LON:SL) traded down 1.67% on Monday, hitting GBX 393.30. The stock had a trading volume of 5,010,424 shares. Standard Life Plc has a 52 week low of GBX 330.90 and a 52 week high of GBX 406.30. The stock has a 50-day moving average of GBX 386. and a 200-day moving average of GBX 372.1. The company’s market cap is £9.335 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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