Standard Life (LON:SL) Rating Reaffirmed
In a very recent research note released on Monday, 14 December, The “Market Perform” rating of Standard Life (LON:SL) shares was has decided to restate at Bernstein, who now has a GBX 420 PT on the stock. Bernstein’s PT would now indicate a possible upside of 10.38% from the current price 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 15.81% above today’s (GBX 376.9) stock price. Standard Life PLC was the topic of 51 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on December 10 with “Neutral” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 435 target share price in a report from a December 7. JP Morgan maintained SL stock in a recent report from December 8 with “Overweight” rating. JP Morgan maintained the rating on November 23. JP Morgan has a “Overweight” rating and a GBX 477 price target on shares. Finally, Bernstein maintained the stock with “Market Perform” rating in a report issued on a December 7.
Approximately 551,905 shares of stock traded hands. Standard Life Plc (LON:SL) has declined 21.56% since May 15, 2015 and is downtrending. It has underperformed by 17.14% the S&P500.
Standard Life plc is a United Kingdom long-term investment savings company. The company has a market cap of 7.42 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 28.83 P/E ratio.