Jefferies Group Begins Coverage on Standard Life Plc
OREANDA-NEWS. January 23, 2015. Jefferies Group started coverage on shares of Standard Life Plc (NASDAQ:SLFPF) in a research note released on Wednesday morning. The firm issued a hold rating on the stock.
Jefferies Group has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of BP plc (ADR). They have a USD 42.00 price target on that stock, down previously from \\$47.00. Also, Jefferies Group downgraded shares of PetroChina Company Limited (ADR) from a hold rating to an underperform rating. Finally, Jefferies Group downgraded shares of CNOOC Ltd (ADR) from a hold rating to an underperform rating.
A number of other analysts have also recently weighed in on SLFPF. Analysts at Deutsche Bank downgraded shares of Standard Life Plc to a hold rating in a research note on Tuesday, December 16th. Analysts at Credit Suisse downgraded shares of Standard Life Plc to a neutral rating in a research note on Thursday, November 13th. Finally, analysts at JPMorgan Chase & Co. initiated coverage on shares of Standard Life Plc in a research note on Tuesday, October 21st. They set an overweight rating on the stock. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of Hold.
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