Standard Life Plc Receives Consensus Recommendation of “Hold” from Analysts (LON:SL)
Shares of Standard Life Plc (LON:SL) have received an average recommendation of “Hold” from the twenty brokerages that are presently covering the company, AnalystRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 484.65 ($8.10).
Shares of Standard Life Plc (LON:SL) opened at 375.50 on Friday. 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 374.5 and a 200-day moving average of GBX 380.4. The company’s market cap is £8.966 billion.
Several analysts have recently commented on the stock. Analysts at Credit Suisse cut their price target on shares of Standard Life Plc from GBX 425 ($7.10) to GBX 410 ($6.85) in a research note on Monday, August 11th. They now have an “outperform” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Standard Life Plc in a research note on Wednesday, August 6th. They now have a GBX 370 ($6.19) price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Standard Life Plc from GBX 430 ($7.19) to GBX 410 ($6.85) in a research note on Wednesday, August 6th. They now have a “buy” rating on the stock.
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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