Standard Life Plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:SL)
Standard Life Plc (LON:SL) has received an average recommendation of “Hold” from the twenty-three brokerages that are covering the stock, Analyst RN reports. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 482.24 ($8.26).
A number of analysts have recently weighed in on SL shares. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Standard Life Plc in a research note on Tuesday, July 8th. They now have a GBX 380 ($6.51) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Standard Life Plc in a research note on Friday, July 4th. They now have a GBX 450 ($7.70) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Standard Life Plc in a research note on Friday, June 27th. They now have a GBX 430 ($7.36) price target on the stock.
Standard Life Plc (LON:SL) traded up 0.93% during mid-day trading on Monday, hitting GBX 381.223. The stock had a trading volume of 1,199,055 shares. Standard Life Plc has a 1-year low of GBX 330.90 and a 1-year high of GBX 406.30. The stock has a 50-day moving average of GBX 386.2 and a 200-day moving average of GBX 379.6. The company’s market cap is £9.048 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.