Standard Life (LON:SDLF) Price Target Raised to GBX 1,072 at Berenberg Bank

Standard Life (LON:SDLF) had its price objective upped by Berenberg Bank from GBX 975 to GBX 1,072 in a research report report published on Thursday morning,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

SDLF has been the subject of a number of other reports. Citigroup raised their target price on Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 870 price objective on shares of Standard Life in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Standard Life from GBX 950 to GBX 975 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Standard Life has an average rating of “Buy” and a consensus target price of GBX 939.25.

Standard Life Stock Down 0.9%

SDLF stock opened at GBX 906 on Thursday. The firm has a 50 day moving average of GBX 820.34. The stock has a market capitalization of £9.08 billion and a price-to-earnings ratio of -19.24. Standard Life has a 1 year low of GBX 633.50 and a 1 year high of GBX 920.50.

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.