Standard Life Plc (SL) Given New GBX 460 Price Target at Macquarie
Standard Life Plc (LON:SL) had its price objective increased by Macquarie from GBX 440 ($5.36) to GBX 460 ($5.61) in a research note issued to investors on Tuesday morning. They currently have an outperform rating on the stock.
Other equities analysts also recently issued reports about the stock. Barclays PLC dropped their price objective on shares of Standard Life Plc from GBX 486 ($5.92) to GBX 318 ($3.88) and set an equal weight rating on the stock in a research note on Wednesday, June 29th. JPMorgan Chase & Co. dropped their price objective on shares of Standard Life Plc from GBX 465 ($5.67) to GBX 421 ($5.13) and set an overweight rating on the stock in a research note on Thursday, July 28th. Canaccord Genuity dropped their price objective on shares of Standard Life Plc from GBX 380 ($4.63) to GBX 320 ($3.90) and set a buy rating on the stock in a research note on Monday, June 27th. Shore Capital reiterated a hold rating on shares of Standard Life Plc in a research note on Tuesday, August 9th. Finally, Deutsche Bank AG increased their price objective on shares of Standard Life Plc from GBX 325 ($3.96) to GBX 390 ($4.75) and gave the company a buy rating in a research note on Wednesday, September 14th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. Standard Life Plc currently has a consensus rating of Hold and a consensus price target of GBX 382.94 ($4.67).
Shares of Standard Life Plc (LON:SL) opened at 328.40 on Tuesday. The firm’s 50-day moving average is GBX 349.29 and its 200-day moving average is GBX 328.21. The stock’s market capitalization is GBX 6.48 billion. 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.
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