Standard Life (LON:SDLF – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 865 and last traded at GBX 857.70, with a volume of 1732559 shares traded. The stock had previously closed at GBX 856.50.
Analysts Set New Price Targets
Several research firms recently commented on SDLF. Citigroup increased 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. Berenberg Bank lifted their target price on shares of Standard Life from GBX 918 to GBX 975 and gave the stock a “buy” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. upped their target price on shares of Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 870 target price on shares of Standard Life in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Standard Life presently has an average rating of “Buy” and an average target price of GBX 915.
Check Out Our Latest Stock Analysis on SDLF
Standard Life Stock Up 0.4%
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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