Standard Life (LON:SDLF) Insider Nicolaos Nicandrou Buys 18 Shares of Stock

Standard Life (LON:SDLF) insider Nicolaos Nicandrou acquired 18 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was acquired at an average cost of GBX 642 per share, for a total transaction of £115.56.

Nicolaos Nicandrou also recently made the following trade(s):

• On Friday, June 5th, Nicolaos Nicandrou purchased 19 shares of Standard Life stock. The stock was acquired at an average price of GBX 578 per share, for a total transaction of £109.82.
• On Tuesday, May 5th, Nicolaos Nicandrou purchased 28 shares of Standard Life stock. The shares were acquired at an average cost of GBX 558 per share, for a total transaction of £156.24.

Standard Life Trading Up 0.5%

Shares of Standard Life stock traded up GBX 4 during trading hours on Tuesday, reaching GBX 860.50. 3,293,219 shares of the company’s stock were exchanged, compared to its average volume of 30,944,217. The business’s 50 day moving average is GBX 786.74. Standard Life has a fifty-two week low of GBX 633.50 and a fifty-two week high of GBX 861.50. The firm has a market cap of £8.62 billion and a PE ratio of -18.27.

Analyst Ratings Changes

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