Nicolaos Nicandrou Buys 28 Shares of Standard Life (LON:SDLF) Stock

Key Points

• Insider buying: Standard Life CFO Nicolaos Nicandrou purchased 28 shares on May 5 at an average of GBX 558 (total £156.24) and previously bought 20 shares on March 5 at GBX 545.
• Recent stock performance: SDLF traded up to GBX 760 (up GBX 17.80) with 7.31M shares changing hands, a market cap of £7.61bn, a negative P/E of -16.14, and a 12‑month range of GBX 633.50–783.80.
• Analyst outlook: Multiple upgrades have lifted price targets (Citigroup GBX 840 buy, RBC GBX 870 outperform, Berenberg GBX 918 buy) against a JPMorgan "underweight" at GBX 620, leaving a consensus "Moderate Buy" average target of GBX 812.

Standard Life (LON:SDLF - Get Free Report) insider Nicolaos Nicandrou bought 28 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of GBX 558 per share, for a total transaction 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 shares were acquired at an average cost of GBX 545 per share, with a total value of £109.

Standard Life Stock Performance

Shares of SDLF stock traded up GBX 17.80 during trading hours on Wednesday, hitting GBX 760. 7,311,730 shares of the company's stock traded hands, compared to its average volume of 32,216,830. The company has a market capitalization of £7.61 billion and a P/E ratio of -16.14. Standard Life has a 12 month low of GBX 633.50 and a 12 month high of GBX 783.80.

Standard Life (LON:SDLF - Get Free Report) last released its quarterly earnings results on Monday, March 16th. The company reported GBX 54.30 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

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

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.

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