Brokerages Set Standard Life Equity Income Trust Plc (SLET) PT at $417.50
Standard Life Equity Income Trust Plc (LON:SLET) has received a consensus rating of “Hold” from the nine brokerages that are covering the stock. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 417.50 ($5.17).
Separately, Peel Hunt restated an “outperform” rating on shares of Standard Life Equity Income Trust Plc in a research report on Thursday, October 6th.
Shares of Standard Life Equity Income Trust Plc (LON:SLET) opened at 384.875 on Thursday. The firm has a 50 day moving average price of GBX 4.18 and a 200 day moving average price of GBX 4.14. Standard Life Equity Income Trust Plc has a one year low of GBX 3.66 and a one year high of GBX 395.10.
In related news, insider Burns,Richard purchased 8,000 shares of the business’s stock in a transaction that occurred on Friday, September 2nd. The stock was purchased at an average price of GBX 409 ($5.07) per share, with a total value of £32,720 ($40,530.16).
Standard Life Equity Income Trust Plc Company Profile
Standard Life Equity Income Trust PLC is an investment company. The Company’s objective is to provide shareholders with an above average income from their equity investment while also providing real growth in capital and income. The Company invests in a diversified portfolio consisting mainly of quoted United Kingdom equities.
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