Standard Life (LON:SDLF – Get Free Report) released its earnings results on Monday. The company reported GBX (20.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Standard Life Price Performance
Shares of SDLF traded up GBX 28.50 during midday trading on Monday, hitting GBX 951. The company’s stock had a trading volume of 2,241,411 shares, compared to its average volume of 28,900,211. Standard Life has a one year low of GBX 633.50 and a one year high of GBX 960. The company has a market cap of £9.53 billion and a PE ratio of -20.19. The company’s fifty day moving average price is GBX 902.77.
Analyst Upgrades and Downgrades
Several research firms have weighed in on SDLF. Berenberg Bank boosted their price target on Standard Life from GBX 975 to GBX 1,072 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Royal Bank Of Canada raised Standard Life to a “sector perform” rating and increased their price objective for the company from GBX 870 to GBX 885 in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Standard Life from GBX 975 to GBX 1,075 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 968.
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.
Read More
- Five stocks we like better than Standard Life
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for Standard Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life and related companies with MarketBeat.com's FREE daily email newsletter.
