Standard Life Plc Receives Consensus Rating of “Hold” from Brokerages (LON:SL)
Shares of Standard Life Plc (LON:SL) have earned a consensus recommendation of “Hold” from the twenty brokerages that are covering the company, Stock Ratings News reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 484.65 ($8.02).
Standard Life Plc (LON:SL) opened at 376.10 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’s 50-day moving average is GBX 374.1 and its 200-day moving average is GBX 380.7. The company’s market cap is £8.980 billion.
A number of research firms have recently commented on SL. Analysts at Credit Suisse cut their price target on shares of Standard Life Plc from GBX 425 ($7.03) to GBX 410 ($6.78) 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 ($6.12) price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Standard Life Plc from GBX 430 ($7.12) to GBX 410 ($6.78) 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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