Standard Life (LON:SDLF) Insider Andrew Briggs Buys 20 Shares of Stock

Standard Life (LON:SDLF) insider Andrew Briggs purchased 20 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was bought at an average cost of GBX 563 per share, for a total transaction of £112.60.

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

• On Tuesday, May 5th, Andrew Briggs acquired 26 shares of Standard Life stock. The shares were bought at an average cost of GBX 572 per share, with a total value of £148.72.

Standard Life Price Performance

LON:SDLF traded down GBX 0.50 during trading hours on Friday, reaching GBX 758. 2,276,887 shares of the company traded hands, compared to its average volume of 28,967,957. The firm has a 50-day moving average price of GBX 745.39. Standard Life has a 1 year low of GBX 633.50 and a 1 year high of GBX 805. The firm has a market capitalization of £7.59 billion and a PE ratio of -16.09.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SDLF. Berenberg Bank increased their price target on shares of Standard Life from GBX 852 to GBX 918 and gave the company a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their target price on Standard Life from GBX 620 to GBX 950 and gave the company an “overweight” rating in a research note on Friday, May 15th. Citigroup lifted their price target on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 870 price target on shares of Standard Life in a research note on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 894.50.

Standard Life Company Profile

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.