Standard Life (LON:SDLF) Insider Purchases £156.24 in Stock

Standard Life (LON:SDLF) insider Nicolaos Nicandrou bought 28 shares of Standard Life stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average price of GBX 558 per share, with a total value of £156.24.

Nicolaos Nicandrou also recently made the following trade(s):

• On Thursday, March 5th, Nicolaos Nicandrou purchased 20 shares of Standard Life stock. The stock was bought at an average cost of GBX 545 per share, with a total value of £109.

Standard Life Price Performance

Shares of Standard Life stock traded up GBX 17.80 during trading hours on Wednesday, reaching GBX 760. The company had a trading volume of 7,311,730 shares, compared to its average volume of 32,216,830. Standard Life has a one year low of GBX 633.50 and a one year high of GBX 783.80. The firm has a market capitalization of £7.61 billion and a P/E ratio of -16.14.

Standard Life (LON:SDLF) last issued its quarterly earnings data on Monday, March 16th. The company reported GBX 54.30 EPS for the quarter.

Analysts Set New Price Targets

SDLF has been the subject of several recent analyst reports. Royal Bank Of Canada upgraded Standard Life to an “outperform” rating and boosted their target price for the stock from GBX 800 to GBX 870 in a research report on Tuesday, April 21st. Citigroup lifted their price target on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research report on Friday, April 17th. Berenberg Bank raised their target price on shares of Standard Life from GBX 852 to GBX 918 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their price target on shares of Standard Life from GBX 605 to GBX 620 and gave the stock an “underweight” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Standard Life presently has a consensus rating of “Moderate Buy” and an average price target of GBX 812.

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.