Shares of Standard Life (LON:SDLF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 865 and last traded at GBX 857.70, with a volume of 1732559 shares. The stock had previously closed at GBX 856.50.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on SDLF. JPMorgan Chase & Co. increased their price target on shares of Standard Life from GBX 950 to GBX 975 and gave the company an “overweight” rating in a report on Monday, June 22nd. Citigroup boosted their price objective on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 870 target price on shares of Standard Life in a research note on Monday, May 18th. Finally, Berenberg Bank lifted their target price on Standard Life from GBX 918 to GBX 975 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 915.
Get Our Latest Stock Analysis on Standard Life
Standard Life Trading Down 1.6%
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.
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