Key Points
- Insider purchase: Andrew Briggs bought 17 Standard Life shares at GBX 647 each, for a total transaction value of approximately £110.
- Analyst outlook: Standard Life has a consensus “Moderate Buy” rating from analysts, with an average price target of GBX 989.25; recent targets range from GBX 970 to GBX 1,075.
- Financial performance and trading: The company reported quarterly earnings of negative GBX 20.30 per share, while its stock opened at GBX 879.45 and has traded between GBX 633.50 and GBX 960 over the past year.
Standard Life (LON:SDLF - Get Free Report) insider Andrew Briggs acquired 17 shares of Standard Life stock in a transaction on Monday, October 5th. The stock was purchased at an average price of GBX 647 per share, with a total value of £109.99.
Standard Life Trading Up 1.3%
SDLF stock opened at GBX 879.45 on Wednesday. The company has a market capitalization of £8.81 billion and a P/E ratio of -17.88. Standard Life has a twelve month low of GBX 633.50 and a twelve month high of GBX 960. The business has a 50 day simple moving average of GBX 918.99 and a 200-day simple moving average of GBX 830.40.
Standard Life (LON:SDLF - Get Free Report) last announced its earnings results on Monday, September 7th. The company reported GBX (20.30) earnings per share (EPS) for the quarter.
Analysts Set New Price Targets
A number of research firms have weighed in on SDLF. Royal Bank Of Canada increased their price objective on Standard Life from GBX 885 to GBX 970 and gave the stock a "sector perform" rating in a research report on Wednesday, September 23rd. Berenberg Bank restated a "buy" rating and set a GBX 1,072 price target on shares of Standard Life in a research note on Monday, September 14th. Finally, JPMorgan Chase & Co. increased their price target on Standard Life from GBX 975 to GBX 1,075 and gave the stock an "overweight" rating in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 989.25.
Read Our Latest Stock Analysis on SDLF
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
