Standard Life (LON:SDLF) Issues Earnings Results

Standard Life (LON:SDLF) posted its quarterly earnings data on Monday. The company reported GBX (20.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Standard Life Trading Down 1.5%

Shares of Standard Life stock opened at GBX 938.50 on Wednesday. The business’s 50 day moving average is GBX 907.47. The firm has a market cap of £9.41 billion and a PE ratio of -19.93. Standard Life has a 1-year low of GBX 633.50 and a 1-year high of GBX 960.

Analyst Upgrades and Downgrades

SDLF has been the topic of a number of research reports. Royal Bank Of Canada raised shares of Standard Life to a “sector perform” rating and raised their price target for the company from GBX 870 to GBX 885 in a research note on Monday, July 27th. Berenberg Bank increased their target price on Standard Life from GBX 975 to GBX 1,072 and gave the company a “buy” rating in a report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. lifted 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Standard Life currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 968.

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.