Standard Life Plc (SL) PT Raised to GBX 391 at Jefferies Group
Standard Life Plc (LON:SL) had its target price lifted by equities researchers at Jefferies Group from GBX 388 ($5.06) to GBX 391 ($5.10) in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Jefferies Group’s price objective would indicate a potential upside of 10.08% from the company’s current price.
A number of other analysts also recently issued reports on the company. HSBC downgraded Standard Life Plc to a “hold” rating and raised their target price for the stock from GBX 360 ($4.70) to GBX 405 ($5.29) in a research note on Wednesday, September 14th. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 270 ($3.52) target price on shares of Standard Life Plc in a research note on Wednesday, September 14th. Deutsche Bank AG raised their target price on Standard Life Plc from GBX 325 ($4.24) to GBX 390 ($5.09) and gave the stock a “buy” rating in a research note on Wednesday, September 14th. Goldman Sachs Group Inc. raised their target price on Standard Life Plc from GBX 350 ($4.57) to GBX 365 ($4.76) and gave the stock a “neutral” rating in a research note on Wednesday, August 17th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 400 ($5.22) target price (up from GBX 320 ($4.18)) on shares of Standard Life Plc in a research note on Thursday, August 11th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 380.69 ($4.97).
Shares of Standard Life Plc (LON:SL) opened at 358.70 on Thursday. The stock’s market capitalization is GBX 7.08 billion. The company has a 50-day moving average of GBX 346.49 and a 200-day moving average of GBX 329.62. Standard Life Plc has a 1-year low of GBX 248.20 and a 1-year high of GBX 428.30.
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In related news, insider Danon,Pierre acquired 1,694 shares of the firm’s stock in a transaction dated Wednesday, June 29th. The stock was acquired at an average price of GBX 339 ($4.43) per share, for a total transaction of £5,742.66 ($7,495.97).
Standard Life Plc Company Profile
Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments: Standard Life Investments, UK and Europe, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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