Standard Life (LON:SDLF) Given New GBX 970 Price Target at Royal Bank Of Canada

Standard Life (LON:SDLFGet Free Report) had its target price boosted by analysts at Royal Bank Of Canada from GBX 885 to GBX 970 in a report issued on Wednesday, Digital Look reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 3.25% from the company’s current price.

A number of other research firms have also commented on SDLF. Berenberg Bank restated a “buy” rating and issued a GBX 1,072 price target on shares of Standard Life in a research report on Monday, September 14th. JPMorgan Chase & Co. increased their price target on Standard Life from GBX 975 to GBX 1,075 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 989.25.

View Our Latest Stock Analysis on Standard Life

Standard Life Price Performance

Shares of LON:SDLF opened at GBX 939.50 on Wednesday. Standard Life has a 52 week low of GBX 633.50 and a 52 week high of GBX 960. The firm has a fifty day moving average price of GBX 922.52. The firm has a market cap of £9.42 billion and a P/E ratio of -19.95.

Standard Life (LON:SDLFGet Free Report) last posted its earnings results on Monday, September 7th. The company reported GBX (20.30) earnings per share for the quarter.

Standard Life Company Profile

(Get Free Report)

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.

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