Standard Life (LON:SDLF) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Standard Life (LON:SDLFGet Free Report) had its price objective raised by JPMorgan Chase & Co. from GBX 950 to GBX 975 in a report released on Monday,Digital Look reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 18.04% from the company’s current price.

A number of other research firms also recently weighed in on SDLF. Citigroup increased their target price on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a report on Friday, April 17th. Berenberg Bank increased their price objective on shares of Standard Life from GBX 918 to GBX 975 and gave the stock a “buy” rating in a research note on Thursday. Finally, 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. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Standard Life presently has an average rating of “Buy” and an average target price of GBX 915.

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Standard Life Stock Up 2.5%

Shares of SDLF stock opened at GBX 826 on Monday. Standard Life has a 12-month low of GBX 633.50 and a 12-month high of GBX 826.27. The stock has a market capitalization of £8.28 billion and a PE ratio of -17.54. The stock has a 50 day moving average of GBX 765.79.

Standard Life Company Profile

(Get Free Report)

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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