Standard Life Plc (LON:SL) was upgraded by equities research analysts at Barclays PLC to an “overweight” rating in a report released on Tuesday, StockTargetPrices.com reports. The brokerage currently has a GBX 510 ($6.62) target price on the stock, up from their prior target price of GBX 343 ($4.45). Barclays PLC’s price objective would indicate a potential upside of 24.15% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Numis Securities Ltd reissued an “add” rating and set a GBX 465 ($6.04) 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 boosted their target price for the company from GBX 400 ($5.19) to GBX 460 ($5.97) in a report on Friday, July 14th. Jefferies Group LLC boosted their target price on shares of Standard Life Plc from GBX 398 ($5.17) to GBX 411 ($5.34) and gave the company a “hold” rating in a report on Tuesday, July 11th. Deutsche Bank AG boosted their target price on shares of Standard Life Plc from GBX 400 ($5.19) to GBX 420 ($5.45) and gave the company a “hold” rating in a report on Tuesday, June 27th. Finally, Shore Capital reissued a “hold” rating on shares of Standard Life Plc in a report on Wednesday, May 10th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 430.40 ($5.59).

Standard Life Plc (SL) opened at 410.80 on Tuesday. Standard Life Plc has a 1-year low of GBX 322.76 and a 1-year high of GBX 447.60. The firm’s 50-day moving average price is GBX 419.18 and its 200-day moving average price is GBX 384.14. The company’s market cap is GBX 8.09 billion.

ILLEGAL ACTIVITY WARNING: “Barclays PLC Upgrades Standard Life Plc (SL) to Overweight” was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/08/15/barclays-plc-upgrades-standard-life-plc-sl-to-overweight.html.

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.

Stock Target Prices

Analyst Recommendations for Standard Life Plc (LON:SL)

Receive News & Ratings for Standard Life Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Plc and related companies with MarketBeat.com's FREE daily email newsletter.