Standard Life Plc Price Target Raised to GBX 460 at Canaccord Genuity (SL)
Canaccord Genuity hoisted their target price on shares of Standard Life Plc (LON:SL) from GBX 410 ($6.80) to GBX 460 ($7.63) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 10.26% from the stock’s previous close.
SL has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Standard Life Plc in a research note on Thursday. They now have a GBX 420 ($6.97) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Standard Life Plc from GBX 428 ($7.10) to GBX 455 ($7.55) in a research note on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Standard Life Plc in a research note on Wednesday. They now have a GBX 370 ($6.14) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 489.18 ($8.12).
Shares of Standard Life Plc (LON:SL) traded down 0.17% during mid-day trading on Friday, hitting GBX 416.50. 5,238,792 shares of the company’s stock traded hands. Standard Life Plc has a 1-year low of GBX 331.70 and a 1-year high of GBX 406.30. The stock has a 50-day moving average of GBX 376.0 and a 200-day moving average of GBX 380.9. The company’s market cap is £9.945 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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