Standard Life (LON:SDLF) Insider Sherry Coutu Acquires 2,211 Shares of Company Stock

Standard Life (LON:SDLF) insider Sherry Coutu purchased 2,211 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The stock was acquired at an average price of GBX 900 per share, for a total transaction of £19,899.

Standard Life Stock Performance

LON SDLF traded up GBX 1.79 during mid-day trading on Monday, reaching GBX 899.29. 1,629,031 shares of the stock were exchanged, compared to its average volume of 26,873,777. Standard Life has a one year low of GBX 633.50 and a one year high of GBX 960. The stock has a market cap of £9.01 billion and a PE ratio of -19.09. The company has a 50 day moving average of GBX 923.02.

Standard Life (LON:SDLF) last announced its earnings results on Monday, September 7th. The company reported GBX (20.30) earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Several analysts have weighed in on SDLF shares. Royal Bank Of Canada boosted their target price on shares of Standard Life from GBX 885 to GBX 970 and gave the stock a “sector perform” rating in a research report on Wednesday, September 23rd. JPMorgan Chase & Co. increased their target price on shares of Standard Life from GBX 975 to GBX 1,075 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,072 price target on shares of Standard Life in a research note on Monday, September 14th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Standard Life has a consensus rating of “Moderate Buy” and an average price target of GBX 989.25.

Standard Life Company Profile

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.