Standard Life (LON:SDLF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday after Berenberg Bank raised their price target on the stock from GBX 918 to GBX 975. Berenberg Bank currently has a buy rating on the stock. Standard Life traded as high as GBX 807.50 and last traded at GBX 803.50, with a volume of 2468631 shares trading hands. The stock had previously closed at GBX 795.47.
SDLF has been the subject of a number of other reports. JPMorgan Chase & Co. boosted their price objective 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 boosted their price objective on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 870 price objective 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 a consensus target price of GBX 908.75.
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Standard Life Price Performance
Standard Life (LON:SDLF – Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX 54.30 EPS for the quarter.
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.
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