Standard Life (LON:SDLF – Get Free Report) issued its earnings results on Monday. The company reported GBX (20.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Standard Life Trading Down 1.9%
SDLF opened at GBX 935 on Wednesday. Standard Life has a 52-week low of GBX 633.50 and a 52-week high of GBX 960. The stock has a market capitalization of £9.37 billion and a P/E ratio of -19.85. The stock’s 50 day simple moving average is GBX 907.47.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Standard Life from GBX 975 to GBX 1,075 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Berenberg Bank increased their price objective on shares of Standard Life from GBX 975 to GBX 1,072 and gave the company a “buy” rating in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada raised shares of Standard Life to a “sector perform” rating and raised their target price for the stock from GBX 870 to GBX 885 in a research note on Monday, July 27th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 968.
Standard Life Company Profile
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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