Macquarie Boosts Standard Life Plc (SL) Price Target to GBX 460
Standard Life Plc (LON:SL) had its target price hoisted by equities research analysts at Macquarie from GBX 440 ($5.36) to GBX 460 ($5.61) in a report released on Tuesday. The brokerage presently has an “outperform” rating on the stock. Macquarie’s target price suggests a potential upside of 41.71% from the stock’s current price.
SL has been the topic of several other research reports. Royal Bank Of Canada increased their price target on Standard Life Plc from GBX 270 ($3.29) to GBX 300 ($3.66) and gave the stock an “underperform” rating in a report on Friday. Canaccord Genuity cut their price target on Standard Life Plc from GBX 380 ($4.63) to GBX 320 ($3.90) and set a “buy” rating on the stock in a report on Monday, June 27th. HSBC cut their price target on Standard Life Plc from GBX 490 ($5.97) to GBX 360 ($4.39) and set a “buy” rating on the stock in a report on Wednesday, June 29th. Panmure Gordon reiterated a “buy” rating and issued a GBX 433 ($5.28) price target on shares of Standard Life Plc in a report on Wednesday, August 3rd. Finally, Jefferies Group raised their target price on Standard Life Plc from GBX 332 ($4.05) to GBX 388 ($4.73) and gave the company a “buy” rating in a report on Tuesday, August 23rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. Standard Life Plc has a consensus rating of “Hold” and a consensus price target of GBX 382.94 ($4.67).
Standard Life Plc (LON:SL) opened at 324.60 on Tuesday. The firm has a 50-day moving average price of GBX 349.81 and a 200-day moving average price of GBX 328.24. The firm’s market capitalization is GBX 6.40 billion. Standard Life Plc has a one year low of GBX 248.20 and a one year high of GBX 427.80.
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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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