Standard Life (LON:SDLF) Insider Andrew Briggs Buys 17 Shares of Stock

Standard Life (LON:SDLF) insider Andrew Briggs purchased 17 shares of Standard Life stock in a transaction dated Monday, July 6th. The stock was bought at an average price of GBX 632 per share, with a total value of £107.44.

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

• On Friday, June 5th, Andrew Briggs acquired 20 shares of Standard Life stock. The shares were bought at an average price of GBX 563 per share, for a total transaction of £112.60.
• On Tuesday, May 5th, Andrew Briggs acquired 26 shares of Standard Life stock. The shares were bought at an average price of GBX 572 per share, for a total transaction of £148.72.

Standard Life Price Performance

SDLF traded up GBX 4 during trading on Tuesday, hitting GBX 860.50. The company had a trading volume of 3,293,219 shares, compared to its average volume of 30,944,217. The stock has a market capitalization of £8.62 billion and a P/E ratio of -18.27. Standard Life has a one year low of GBX 633.50 and a one year high of GBX 861.50. The stock has a 50-day moving average of GBX 786.74.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SDLF shares. Citigroup boosted their price target on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 870 price objective on shares of Standard Life in a report on Monday, May 18th. Berenberg Bank lifted their target price on Standard Life from GBX 918 to GBX 975 and gave the company a “buy” rating in a research report on Thursday, June 18th. Finally, JPMorgan Chase & Co. upped their price target on Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 915.

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.