Standard Life (LON:SDLF) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Standard Life (LON:SDLFFree Report) to a sector perform rating in a research note issued to investors on Monday morning, Marketbeat.com reports. They currently have GBX 885 price objective on the stock, up from their previous price objective of GBX 870.

Several other research firms also recently issued reports on SDLF. Citigroup boosted their price objective on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. raised their target price on shares of Standard Life from GBX 950 to GBX 975 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Finally, Berenberg Bank lifted their target price on shares of Standard Life from GBX 975 to GBX 1,072 and gave the company a “buy” rating in a report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Standard Life has a consensus rating of “Moderate Buy” and an average price target of GBX 943.

View Our Latest Analysis on SDLF

Standard Life Stock Performance

SDLF opened at GBX 909.26 on Monday. The business’s 50 day simple moving average is GBX 830.68. The firm has a market cap of £9.11 billion and a P/E ratio of -19.30. Standard Life has a 1 year low of GBX 633.50 and a 1 year high of GBX 922.

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.

Further Reading

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