Standard Life Plc (SL) Lowered to “Underweight” at Barclays PLC
Barclays PLC lowered shares of Standard Life Plc (LON:SL) to an underweight rating in a research report sent to investors on Thursday morning. Barclays PLC currently has GBX 301 ($3.73) price target on the stock, down from their previous price target of GBX 315 ($3.90).
SL has been the subject of a number of other reports. Royal Bank Of Canada reissued an underperform rating and set a GBX 270 ($3.34) price target on shares of Standard Life Plc in a research note on Wednesday, September 14th. BNP Paribas reissued a neutral rating and set a GBX 330 ($4.08) price target on shares of Standard Life Plc in a research note on Monday, June 27th. Panmure Gordon reissued a buy rating and set a GBX 433 ($5.36) price target on shares of Standard Life Plc in a research note on Tuesday, August 9th. Beaufort Securities reissued a buy rating on shares of Standard Life Plc in a research note on Wednesday, August 10th. Finally, Deutsche Bank AG reissued a buy rating and set a GBX 320 ($3.96) price target (down from GBX 415 ($5.14)) on shares of Standard Life Plc in a research note on Friday, June 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. Standard Life Plc presently has an average rating of Hold and a consensus target price of GBX 381.69 ($4.72).
Shares of Standard Life Plc (LON:SL) traded up 2.48% during midday trading on Thursday, hitting GBX 339.40. 3,020,913 shares of the company’s stock were exchanged. The company has a 50-day moving average of GBX 351.31 and a 200-day moving average of GBX 328.70. Standard Life Plc has a 52 week low of GBX 248.20 and a 52 week high of GBX 428.30. The firm’s market cap is GBX 6.70 billion.
About Standard Life Plc
Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments: Standard Life Investments, UK and Europe, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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