Standard Life (LON:SDLF – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday after Royal Bank Of Canada upgraded the stock to a sector perform rating. Royal Bank Of Canada now has a GBX 885 price target on the stock, up from their previous price target of GBX 870. Standard Life traded as high as GBX 921 and last traded at GBX 913, with a volume of 1909458 shares. The stock had previously closed at GBX 916.50.
SDLF has been the topic of a number of other reports. JPMorgan Chase & Co. upped their target price on Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Citigroup lifted their price target 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. Finally, Berenberg Bank boosted their price target 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. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 943.
Check Out Our Latest Stock Analysis on Standard Life
Standard Life Stock Down 0.1%
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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