Andrew Briggs Purchases 26 Shares of Standard Life (LON:SDLF) Stock

Standard Life (LON:SDLF) insider Andrew Briggs bought 26 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average price of GBX 572 per share, for a total transaction of £148.72.

Andrew Briggs also recently made the following trade(s):

• On Thursday, March 5th, Andrew Briggs bought 20 shares of Standard Life stock. The stock was purchased at an average price of GBX 545 per share, for a total transaction of £109.

Standard Life Stock Up 2.4%

SDLF stock traded up GBX 17.80 during midday trading on Wednesday, hitting GBX 760. The stock had a trading volume of 7,311,730 shares, compared to its average volume of 32,216,830. The firm has a market cap of £7.61 billion and a price-to-earnings ratio of -16.14. Standard Life has a 1-year low of GBX 633.50 and a 1-year high of GBX 783.80.

Standard Life (LON:SDLF) last issued its earnings results on Monday, March 16th. The company reported GBX 54.30 earnings per share for the quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Berenberg Bank raised their price target on shares of Standard Life from GBX 852 to GBX 918 and gave the stock a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada upgraded shares of Standard Life to an “outperform” rating and raised their price target for the stock from GBX 800 to GBX 870 in a report on Tuesday, April 21st. Citigroup raised their price target on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of Standard Life from GBX 605 to GBX 620 and gave the stock an “underweight” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 812.

About Standard Life

Standard Life is a long-established provider of retirement, savings and investment products, historically known for life assurance, pensions and asset management. Its offerings have included workplace and personal pension plans, individual savings accounts (ISAs), annuities and a range of investment funds and wealth-management services aimed at both individual and institutional clients. The firm has traditionally distributed products through financial advisers, workplace channels and direct platforms.

Founded in 1825 and historically headquartered in Edinburgh, Standard Life built a strong presence in the U.K.