Standard Life (LON:SDLF) Price Target Raised to GBX 1,072

Standard Life (LON:SDLF) had its price target boosted by Berenberg Bank from GBX 975 to GBX 1,072 in a report published on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Other analysts also recently issued research reports about the stock. 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 research report on Friday, April 17th. 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 note on Monday, June 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 870 target price on shares of Standard Life in a report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 939.25.

Standard Life Stock Performance

Shares of SDLF stock opened at GBX 916.50 on Thursday. The business has a fifty day moving average price of GBX 823.22. Standard Life has a twelve month low of GBX 633.50 and a twelve month high of GBX 920.50. The stock has a market capitalization of £9.18 billion and a PE ratio of -19.46.

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.