Standard Life’s (SDLF) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Standard Life (LON:SDLFFree Report) in a report issued on Monday,Digital Look reports. Berenberg Bank currently has a GBX 1,072 price objective on the stock.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Standard Life from GBX 975 to GBX 1,075 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Royal Bank Of Canada raised shares of Standard Life to a “sector perform” rating and raised their target price for the company from GBX 870 to GBX 885 in a research note on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 968.

Check Out Our Latest Report on SDLF

Standard Life Stock Performance

Shares of LON SDLF opened at GBX 936.07 on Monday. Standard Life has a 52-week low of GBX 633.50 and a 52-week high of GBX 960. The firm has a market capitalization of £9.38 billion and a PE ratio of -19.87. The firm’s 50 day moving average price is GBX 917.12.

Standard Life (LON:SDLFGet Free Report) last released its quarterly earnings data on Monday, September 7th. The company reported GBX (20.30) EPS for the quarter.

About Standard Life

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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.

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