Standard Life (LON:SDLF) Price Target Raised to GBX 1,072 at Berenberg Bank

Standard Life (LON:SDLFGet Free Report) had its target price boosted by research analysts at Berenberg Bank from GBX 975 to GBX 1,072 in a note issued to investors on Thursday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 17.29% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upped their target price on Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 870 price target on shares of Standard Life in a report on Monday, May 18th. Finally, Citigroup increased their price target on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a research report on Friday, April 17th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Standard Life has an average rating of “Buy” and a consensus target price of GBX 939.25.

Read Our Latest Analysis on SDLF

Standard Life Trading Down 0.1%

Shares of Standard Life stock opened at GBX 913.99 on Thursday. The firm has a market capitalization of £9.16 billion and a PE ratio of -19.41. Standard Life has a 12 month low of GBX 633.50 and a 12 month high of GBX 920.50. The stock has a fifty day simple moving average of GBX 817.42.

Standard Life Company Profile

(Get Free Report)

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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