Insider Buying: Standard Life (LON:SDLF) Insider Buys £49,612.50 in Stock

Standard Life (LON:SDLF) insider Katie Murray bought 7,350 shares of the business’s stock in a transaction on Monday, March 16th. The shares were acquired at an average price of GBX 675 per share, with a total value of £49,612.50.

Standard Life Stock Performance

Shares of SDLF stock opened at GBX 702.50 on Thursday. Standard Life has a fifty-two week low of GBX 666 and a fifty-two week high of GBX 752. The firm has a market capitalization of £7.04 billion and a price-to-earnings ratio of -11.08.

Standard Life (LON:SDLF) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX 54.30 EPS for the quarter.

Wall Street Analyst Weigh In

SDLF has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Standard Life from GBX 605 to GBX 620 and gave the stock an “underweight” rating in a report on Thursday, February 5th. Berenberg Bank lifted their price target on shares of Standard Life from GBX 852 to GBX 918 and gave the company a “buy” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.