Barclays PLC Lowers Standard Life Plc (SL) to Underweight
Barclays PLC lowered shares of Standard Life Plc (LON:SL) to an underweight rating in a report issued on Thursday morning. Barclays PLC currently has GBX 301 ($3.67) price target on the stock, down from their prior price target of GBX 315 ($3.84).
Other equities analysts also recently issued reports about the stock. HSBC cut their price target on shares of Standard Life Plc from GBX 490 ($5.97) to GBX 360 ($4.39) and set a buy rating for the company in a report on Wednesday, June 29th. Deutsche Bank AG reissued a buy rating and set a GBX 325 ($3.96) price target on shares of Standard Life Plc in a report on Wednesday, August 10th. Morgan Stanley cut their price target on shares of Standard Life Plc from GBX 368 ($4.49) to GBX 344 ($4.19) and set an equal weight rating for the company in a report on Thursday, August 11th. Royal Bank Of Canada cut their price target on shares of Standard Life Plc from GBX 300 ($3.66) to GBX 270 ($3.29) and set an underperform rating for the company in a report on Wednesday, July 27th. Finally, Shore Capital reissued a hold rating on shares of Standard Life Plc in a report on Tuesday, August 9th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. Standard Life Plc has an average rating of Hold and an average price target of GBX 382.94 ($4.67).
Shares of Standard Life Plc (LON:SL) opened at 326.30 on Thursday. The firm’s market capitalization is GBX 6.44 billion. The stock’s 50 day moving average is GBX 349.29 and its 200-day moving average is GBX 328.21. Standard Life Plc has a 52-week low of GBX 248.20 and a 52-week high of GBX 427.80.
About Standard Life Plc
Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments: Standard Life Investments, UK and Europe, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
Receive News & Ratings for Standard Life Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Plc and related companies with MarketBeat.com's FREE daily email newsletter.