Standard Life (LON:SDLF) Receives “Buy” Rating from Berenberg Bank

Standard Life (LON:SDLFGet Free Report)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued to investors on Monday, Digital Look reports. They presently have a GBX 1,072 price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 15.52% from the company’s current price.

Several other analysts also recently weighed in on SDLF. JPMorgan Chase & Co. upped their price target on 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 upgraded Standard Life to a “sector perform” rating and lifted their price objective 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 given a Hold rating to the company’s stock. According to MarketBeat, Standard Life has an average rating of “Moderate Buy” and an average price target of GBX 968.

Read Our Latest Report on Standard Life

Standard Life Price Performance

LON:SDLF opened at GBX 928 on Monday. Standard Life has a one year low of GBX 633.50 and a one year high of GBX 960. The business’s 50-day simple moving average is GBX 912.73. The company has a market capitalization of £9.30 billion and a price-to-earnings ratio of -19.70.

Standard Life (LON:SDLFGet Free Report) last announced its earnings results on Monday, September 7th. The company reported GBX (20.30) earnings per share 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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