Citigroup Inc. reissued their neutral rating on shares of Standard Life (LON:SL) in a research report released on Monday morning, American Banking & Market News reports.
Citigroup Inc. has also modified their ratings on a number of other stocks in the few days. The firm reiterated its buy rating on shares of Vodafone. Also, Citigroup Inc. reiterated its buy rating on shares of Barclays Capital.
Standard Life (LON:SL) traded up 0.09% during mid-day trading on Monday, hitting GBX 344.215. 1,443,636 shares of the company’s stock traded hands. Standard Life has a 1-year low of GBX 270.90 and a 1-year high of GBX 437.40. The stock’s 50-day moving average is GBX 354.9 and its 200-day moving average is GBX 369.0. The company’s market cap is £8.177 billion.
A number of other firms have also recently commented on SL. Analysts at BNP Paribas reiterated an outperform rating on shares of Standard Life (LON:SL) in a research note to investors on Thursday, September 12th. They now have a GBX 434 ($6.89) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an overweight rating on shares of Standard Life (LON:SL) in a research note to investors on Thursday, August 22nd.
Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. Standard Life currently has a consensus rating of Hold and an average target price of GBX 339.32 ($5.39).
Standard Life plc is a holding company engaged in providing long-term savings and investments. Its business segments are UK, Global Investment Management, Canada, International and Other.