Standard Life Plc (SL) Rating Reiterated by HSBC
Standard Life Plc (LON:SL)‘s stock had its “hold” rating restated by stock analysts at HSBC in a note issued to investors on Friday.
Several other equities analysts have also weighed in on the company. Berenberg Bank increased their price objective on Standard Life Plc from GBX 377 ($4.71) to GBX 416 ($5.20) and gave the company a “buy” rating in a report on Friday, November 11th. Jefferies Group reissued a “buy” rating and set a GBX 391 ($4.89) price objective on shares of Standard Life Plc in a report on Friday, October 28th. Deutsche Bank AG reissued a “buy” rating and set a GBX 390 ($4.87) price objective on shares of Standard Life Plc in a report on Friday, October 21st. Macquarie increased their price objective on Standard Life Plc from GBX 440 ($5.50) to GBX 460 ($5.75) and gave the company an “outperform” rating in a report on Tuesday, October 18th. Finally, Royal Bank Of Canada raised their price target on Standard Life Plc from GBX 270 ($3.37) to GBX 300 ($3.75) and gave the stock an “underperform” rating in a report on Friday, October 14th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 381.73 ($4.77).
Shares of Standard Life Plc (LON:SL) opened at 342.80 on Friday. The company’s 50-day moving average price is GBX 344.08 and its 200-day moving average price is GBX 329.12. The company’s market cap is GBX 6.76 billion. Standard Life Plc has a 12 month low of GBX 248.20 and a 12 month high of GBX 419.10.
Standard Life Plc Company Profile
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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