Standard Life Plc (LON:SL) Given Consensus Recommendation of “Hold” by Brokerages
Standard Life Plc (LON:SL) has been assigned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 404.21 ($5.26).
Several equities research analysts have recently weighed in on SL shares. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 465 ($6.06) target price on shares of Standard Life Plc in a report on Monday, July 17th. HSBC Holdings plc raised shares of Standard Life Plc to a “buy” rating and upped their target price for the stock from GBX 400 ($5.21) to GBX 460 ($5.99) in a report on Friday, July 14th. Deutsche Bank AG upped their target price on shares of Standard Life Plc from GBX 400 ($5.21) to GBX 420 ($5.47) and gave the stock a “hold” rating in a report on Tuesday, June 27th. Shore Capital reaffirmed a “hold” rating on shares of Standard Life Plc in a report on Wednesday, May 10th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 400 ($5.21) target price on shares of Standard Life Plc in a report on Tuesday, April 25th.
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Shares of Standard Life Plc (LON:SL) traded down 0.27% on Tuesday, reaching GBX 442.10. 6,491,340 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 414.44 and its 200-day moving average is GBX 381.38. Standard Life Plc has a 52 week low of GBX 314.40 and a 52 week high of GBX 445.10. The firm’s market capitalization is GBX 8.74 billion.
Standard Life Plc Company Profile
Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, 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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