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

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

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

• On Friday, June 5th, Andrew Briggs bought 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 bought 26 shares of Standard Life stock. The shares were acquired at an average price of GBX 572 per share, for a total transaction of £148.72.

Standard Life Stock Performance

Shares of SDLF traded up GBX 1.88 during mid-day trading on Monday, hitting GBX 853.07. 1,629,929 shares of the company’s stock were exchanged, compared to its average volume of 31,269,873. Standard Life has a 52 week low of GBX 633.50 and a 52 week high of GBX 859.50. The stock has a 50-day moving average of GBX 785.07. The stock has a market capitalization of £8.55 billion and a price-to-earnings ratio of -18.11.

Analysts Set New Price Targets

A number of analysts have commented on SDLF shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 870 price target on shares of Standard Life in a research report on Monday, May 18th. JPMorgan Chase & Co. lifted their target price on Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Citigroup boosted their price target on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Berenberg Bank raised their price objective on shares of Standard Life from GBX 918 to GBX 975 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently 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.