Standard Life (LON:SDLF) Posts Earnings Results

Standard Life (LON:SDLF) issued its quarterly earnings results on Monday. The company reported GBX 54.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Standard Life Price Performance

LON SDLF opened at GBX 677 on Monday. The stock has a market cap of £6.78 billion and a P/E ratio of -10.68. Standard Life has a 52-week low of GBX 666 and a 52-week high of GBX 752.

Analyst Ratings Changes

SDLF has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Standard Life from GBX 605 to GBX 620 and gave the stock an “underweight” rating in a research report on Thursday, February 5th. Berenberg Bank upped their price target on Standard Life from GBX 852 to GBX 918 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of GBX 769.

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.