Shares of Standard Life (LON:SDLF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . Citigroup increased their target price on shares of Standard Life from GBX 769 to GBX 840 and gave the company a “buy” rating in a research report on Friday, April 17th. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 943. Get Standard Life alerts:View Our Latest Research Report on Standard LifeStandard Life Trading Up 0.8%About Standard LifeThe stock has a market capitalization of £9.31 billion and a PE ratio of -19.72. Founded in 1825 and historically headquartered in Edinburgh, Standard Life built a strong presence in the U.K.Further ReadingReceive News & Ratings for Standard Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life and related companies with MarketBeat.com's FREE daily email newsletter.