BNP Paribas Reiterates “Neutral” Rating for Standard Life Plc (SL)
Standard Life Plc (LON:SL)‘s stock had its “neutral” rating restated by BNP Paribas in a research note issued on Monday. They presently have a GBX 380 ($4.69) price objective on the stock. BNP Paribas’ target price points to a potential upside of 4.48% from the company’s previous close.
A number of other research analysts have also issued reports on the stock. Macquarie restated an “outperform” rating and issued a GBX 460 ($5.68) target price on shares of Standard Life Plc in a report on Monday, January 9th. Deutsche Bank AG lowered shares of Standard Life Plc to a “hold” rating in a report on Tuesday, December 13th. Royal Bank of Canada restated an “underperform” rating and issued a GBX 290 ($3.58) target price on shares of Standard Life Plc in a report on Wednesday, February 22nd. Jefferies Group LLC upped their target price on shares of Standard Life Plc from GBX 391 ($4.83) to GBX 399 ($4.93) and gave the company a “buy” rating in a report on Thursday, December 8th. Finally, Goldman Sachs Group Inc upped their target price on shares of Standard Life Plc from GBX 365 ($4.51) to GBX 370 ($4.57) and gave the company a “neutral” rating in a report on Tuesday, January 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. Standard Life Plc currently has an average rating of “Hold” and a consensus target price of GBX 391.86 ($4.84).
Standard Life Plc (LON:SL) traded up 1.08% on Monday, hitting GBX 363.70. 8,594,163 shares of the stock traded hands. Standard Life Plc has a 12-month low of GBX 248.20 and a 12-month high of GBX 414.90. The firm’s 50-day moving average price is GBX 367.16 and its 200-day moving average price is GBX 355.83. The stock’s market cap is GBX 7.19 billion.
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In other news, insider Melanie Gee acquired 20,000 shares of the stock in a transaction on Thursday, December 22nd. The stock was bought at an average price of GBX 363 ($4.48) per share, with a total value of £72,600 ($89,662.84). Insiders acquired 20,078 shares of company stock valued at $7,287,682 in the last ninety days.
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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