Standard Life (LON:SDLF – Get Free Report) had its price target upped by investment analysts at Berenberg Bank from GBX 975 to GBX 1,072 in a research report issued to clients and investors on Thursday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 17.29% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. Citigroup lifted their price objective on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. increased their price objective on Standard Life from GBX 950 to GBX 975 and gave the company 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 price target on shares of Standard Life in a research report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 939.25.
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Standard Life Stock Performance
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.
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