Shares of Standard Life Aberdeen PLC (LON:SLA) have been assigned an average rating of “Hold” from the thirteen research firms that are presently covering the company, Marketbeat reports. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 252 ($3.10).
Several research firms recently commented on SLA. JPMorgan Chase & Co. reduced their target price on shares of Standard Life Aberdeen from GBX 250 ($3.08) to GBX 245 ($3.02) and set a “neutral” rating on the stock in a report on Monday, July 6th. UBS Group increased their price target on shares of Standard Life Aberdeen from GBX 255 ($3.14) to GBX 270 ($3.32) and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Morgan Stanley increased their price target on shares of Standard Life Aberdeen from GBX 195 ($2.40) to GBX 230 ($2.83) and gave the company an “underweight” rating in a research report on Wednesday, June 3rd. Credit Suisse Group reissued an “underperform” rating on shares of Standard Life Aberdeen in a research report on Thursday, July 9th. Finally, Deutsche Bank reissued a “hold” rating on shares of Standard Life Aberdeen in a research report on Thursday, July 16th.
SLA stock opened at GBX 250.40 ($3.08) on Tuesday. The company has a debt-to-equity ratio of 18.92, a quick ratio of 1.18 and a current ratio of 2.66. Standard Life Aberdeen has a 52 week low of GBX 2.66 ($0.03) and a 52 week high of GBX 338.25 ($4.16). The firm’s fifty day moving average is GBX 261.28 and its 200 day moving average is GBX 257.57. The firm has a market cap of $5.66 billion and a P/E ratio of 22.56.
In related news, insider Keith Skeoch purchased 658 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of GBX 230 ($2.83) per share, for a total transaction of £1,513.40 ($1,862.42). Also, insider Stephanie Bruce purchased 103,859 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was bought at an average price of GBX 265 ($3.26) per share, for a total transaction of £275,226.35 ($338,698.44). Over the last three months, insiders have purchased 104,669 shares of company stock valued at $27,711,556.
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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