Standard Life Plc Rating Reiterated by Berenberg Bank (SL)
Standard Life Plc (LON:SL)‘s stock had its “hold” rating reissued by Berenberg Bank in a research note issued on Wednesday. They currently have a GBX 370 ($6.14) target price on the stock. Berenberg Bank’s target price would suggest a potential downside of 3.47% from the stock’s previous close.
Shares of Standard Life Plc (LON:SL) traded up 0.73% on Wednesday, hitting GBX 386.10. 3,180,021 shares of the company’s stock traded hands. 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 374.8 and its 200-day moving average is GBX 380.7. The company’s market cap is £9.219 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse cut their price target on shares of Standard Life Plc from GBX 425 ($7.05) to GBX 410 ($6.80) in a research note on Monday, August 11th. They now have an “outperform” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Standard Life Plc from GBX 430 ($7.14) to GBX 410 ($6.80) in a research note on Wednesday, August 6th. 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 Wednesday, August 6th. They now have a GBX 397 ($6.59) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 484.65 ($8.04).
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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