Deutsche Bank reaffirmed their hold rating on shares of Standard Life Aberdeen (LON:SLA) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.
SLA has been the topic of a number of other research reports. Credit Suisse Group increased their target price on Standard Life Aberdeen from GBX 320 ($4.21) to GBX 335 ($4.41) and gave the stock a neutral rating in a research note on Friday, January 24th. UBS Group restated a buy rating on shares of Standard Life Aberdeen in a research note on Wednesday, March 11th. Citigroup initiated coverage on Standard Life Aberdeen in a research note on Friday, January 24th. They set a neutral rating on the stock. BNP Paribas lowered Standard Life Aberdeen to an underperform rating in a research note on Tuesday, January 7th. Finally, Bank of America lowered Standard Life Aberdeen to a neutral rating in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. Standard Life Aberdeen has an average rating of Hold and a consensus price target of GBX 269.27 ($3.54).
SLA stock opened at GBX 225.10 ($2.96) on Monday. The company has a quick ratio of 1.18, a current ratio of 2.66 and a debt-to-equity ratio of 18.92. The business’s fifty day simple moving average is GBX 270.98 and its two-hundred day simple moving average is GBX 294.69. Standard Life Aberdeen has a twelve month low of GBX 170.30 ($2.24) and a twelve month high of GBX 338.25 ($4.45). The firm has a market cap of $5.08 billion and a price-to-earnings ratio of 20.28.
The business also recently disclosed a dividend, which will be paid on Tuesday, May 19th. Investors of record on Thursday, April 2nd will be given a dividend of GBX 14.30 ($0.19) per share. The ex-dividend date is Thursday, April 2nd. This represents a yield of 5.85%. This is an increase from Standard Life Aberdeen’s previous dividend of $7.30. Standard Life Aberdeen’s dividend payout ratio (DPR) is presently 1.98%.
In related news, insider Keith Skeoch acquired 50,294 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were bought at an average price of GBX 197 ($2.59) per share, with a total value of £99,079.18 ($130,333.04).
About Standard Life Aberdeen
Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
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