Standard Life Plc (SL) Price Target Increased to GBX 416 by Analysts at Berenberg Bank
Standard Life Plc (LON:SL) had its target price raised by analysts at Berenberg Bank from GBX 377 ($4.67) to GBX 416 ($5.15) in a report released on Friday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 14.85% from the stock’s current price.
A number of other brokerages have also commented on SL. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 270 ($3.34) price objective on shares of Standard Life Plc in a research report on Wednesday, September 14th. Jefferies Group reaffirmed a “buy” rating and set a GBX 391 ($4.84) price objective on shares of Standard Life Plc in a research report on Friday, October 28th. Panmure Gordon reaffirmed a “buy” rating and set a GBX 433 ($5.36) price objective on shares of Standard Life Plc in a research report on Tuesday, August 9th. Beaufort Securities reaffirmed a “buy” rating on shares of Standard Life Plc in a research report on Wednesday, August 10th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 390 ($4.83) price objective on shares of Standard Life Plc in a research report on Friday, October 21st. Three research 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. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 385.38 ($4.77).
Standard Life Plc (LON:SL) opened at 362.20 on Friday. The stock’s 50 day moving average price is GBX 343.32 and its 200 day moving average price is GBX 327.92. Standard Life Plc has a 12 month low of GBX 248.20 and a 12 month high of GBX 419.10. The firm’s market capitalization is GBX 7.15 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.
Receive News & Stock Ratings for Standard Life Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Plc and related stocks with our FREE daily email newsletter.