Standard Life (LON:SDLF) Given New GBX 975 Price Target at JPMorgan Chase & Co.

Standard Life (LON:SDLF) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from GBX 950 to GBX 975 in a research report issued on Monday,Digital Look reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 18.04% from the stock’s previous close.

Several other analysts also recently weighed in on SDLF. Berenberg Bank upped their price target on Standard Life from GBX 918 to GBX 975 and gave the stock a “buy” rating in a research note on Thursday. Citigroup lifted their price objective on Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 870 target price on shares of Standard Life in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 915.

Standard Life Trading Up 2.5%

Shares of SDLF opened at GBX 826 on Monday. Standard Life has a fifty-two week low of GBX 633.50 and a fifty-two week high of GBX 826.27. The business has a 50-day simple moving average of GBX 765.79. The stock has a market capitalization of £8.28 billion and a PE ratio of -17.54.

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.