Standard Life (LON:SDLF) Insider Andrew Briggs Acquires 17 Shares of Stock

Standard Life (LON:SDLF) insider Andrew Briggs bought 17 shares of Standard Life stock in a transaction dated Monday, July 6th. The stock was purchased at an average price of GBX 632 per share, with a total value of £107.44.

Andrew Briggs also recently made the following trade(s):

• On Friday, June 5th, Andrew Briggs purchased 20 shares of Standard Life stock. The shares were purchased at an average price of GBX 563 per share, for a total transaction of £112.60.
• On Tuesday, May 5th, Andrew Briggs acquired 26 shares of Standard Life stock. The stock was purchased at an average price of GBX 572 per share, with a total value of £148.72.

Standard Life Price Performance

Shares of LON SDLF traded up GBX 1.88 during midday trading on Monday, reaching GBX 853.07. The company’s stock had a trading volume of 1,629,929 shares, compared to its average volume of 31,269,873. The firm has a market cap of £8.55 billion and a PE ratio of -18.11. The firm has a 50 day moving average price of GBX 785.07. Standard Life has a 12-month low of GBX 633.50 and a 12-month high of GBX 859.50.

Wall Street Analyst Weigh In

Several research analysts have commented on SDLF shares. JPMorgan Chase & Co. raised their target price on Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 870 price target on shares of Standard Life in a research report on Monday, May 18th. Citigroup increased their price target 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. Finally, Berenberg Bank boosted their price objective on shares of Standard Life from GBX 918 to GBX 975 and gave the company a “buy” rating in a research note on Thursday, June 18th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Standard Life presently has an average rating of “Buy” and a consensus price target of GBX 915.

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.