Standard Life (LON:SDLF) Insider Nicolaos Nicandrou Purchases 19 Shares

Standard Life (LON:SDLF) insider Nicolaos Nicandrou bought 19 shares of Standard Life stock in a transaction dated Friday, June 5th. The stock was purchased at an average cost of GBX 578 per share, with a total value of £109.82.

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

• On Tuesday, May 5th, Nicolaos Nicandrou purchased 28 shares of Standard Life stock. The shares were purchased at an average price of GBX 558 per share, for a total transaction of £156.24.

Standard Life Stock Down 0.1%

SDLF traded down GBX 0.50 during trading on Friday, hitting GBX 758. 2,276,887 shares of the stock were exchanged, compared to its average volume of 28,967,957. The company has a market cap of £7.59 billion and a price-to-earnings ratio of -16.09. Standard Life has a 1-year low of GBX 633.50 and a 1-year high of GBX 805. The company’s fifty day simple moving average is GBX 745.39.

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on SDLF shares. Citigroup raised their price objective on shares of Standard Life from GBX 769 to GBX 840 and gave the stock a “buy” rating in a research report on Friday, April 17th. Berenberg Bank increased their target price on shares of Standard Life from GBX 852 to GBX 918 and gave the stock a “buy” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. raised their price target on Standard Life from GBX 620 to GBX 950 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 870 price target on shares of Standard Life in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 894.50.

Standard Life Company Profile

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.