Standard Life (LON:SL) Rating Reaffirmed
In a recent research report revealed to investors and clients on Thursday, 10 December, The “Neutral” rating of Standard Life (LON:SL) shares was has reaffirmed by Analysts at Goldman Sachs, who now has a GBX 425.00 PT on the stock. Goldman Sachs’s PT gives a possible upside of 11.20% from the previous stock close of the company.
From a total of 20 analysts covering Standard Life PLC (LON:SL) stock, 3 rate it a ”Buy”, 5 a “Sell”, and 13 a ”Hold”. This means that 14% of the ratings are positive. The highest target price is GBX 537.78 while the lowest target price is GBX 360. The mean of all analyst targets is GBX 444.08 with a 14.27% above today’s (GBX 382) stock price. Standard Life PLC was the topic of 50 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 10 with “Neutral” rating. JP Morgan maintained shares with “Overweight” rating and GBX 477 target share price in a report from a November 23. Societe Generale maintained SL stock in a recent report from December 7 with “Sell” rating. Credit Suisse maintained the rating on November 11. Credit Suisse has a “Neutral” rating and a GBX 440 price target on shares. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on a December 7.
Approximately 576,052 shares of stock traded hands. Standard Life Plc (LON:SL) has declined 17.90% since May 14, 2015 and is downtrending. It has underperformed by 14.88% the S&P500.
Standard Life plc is a United Kingdom long-term investment savings company. The company has a market cap of 7.57 billion GBP. The Firm operates through four divisions: Standard Life Investments, which provides a range of investment products for individuals and institutional clients through a number of different investment vehicles; UK and Europe, which provides a range of long-term, savings and investment products to individual and corporate clients in the United Kingdom, Germany, Austria and Ireland; Asia and Emerging Markets, which offers a range of savings and investment products and include wholly owned activities in Hong Kong and Singapore and investments in joint ventures in India and China, and Other, which includes the group corporate center and related activities. It has 29.22 P/E ratio.