Standard Life (LON:SDLF – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 932.50 and last traded at GBX 929.50, with a volume of 1263951 shares changing hands. The stock had previously closed at GBX 921.50.
Analysts Set New Price Targets
A number of analysts have commented on the company. Royal Bank Of Canada raised Standard Life to a “sector perform” rating and lifted their target price for the stock from GBX 870 to GBX 885 in a report on Monday, July 27th. Berenberg Bank upped their target price on shares of Standard Life from GBX 975 to GBX 1,072 and gave the company a “buy” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price target on shares of Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Finally, Citigroup increased their price objective on shares of Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 943.
View Our Latest Stock Report on Standard Life
Standard Life Trading Up 1.2%
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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