Standard Life (LON:SDLF) Announces Earnings Results

Standard Life (LON:SDLF) issued its earnings results on Monday. The company reported GBX 54.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Standard Life Price Performance

LON SDLF opened at GBX 681.94 on Monday. The firm has a market capitalization of £6.83 billion and a P/E ratio of -10.76. Standard Life has a twelve month low of GBX 666 and a twelve month high of GBX 752.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Berenberg Bank lifted their price target on Standard Life from GBX 852 to GBX 918 and gave the company a “buy” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. raised their price objective on shares of Standard Life from GBX 605 to GBX 620 and gave the company an “underweight” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Standard Life presently has an average rating of “Hold” and a consensus price target of GBX 769.

About Standard Life

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.