Citigroup Inc. restated their sell rating on shares of Aberdeen Asset Management plc (LON:ADN) in a report issued on Friday.

A number of other equities research analysts have also recently issued reports on the company. Goldman Sachs Group Inc. reiterated a sell rating and issued a GBX 300 ($3.92) target price (down from GBX 340 ($4.44)) on shares of Aberdeen Asset Management plc in a research note on Tuesday, September 27th. Barclays PLC restated an underweight rating and set a GBX 270 ($3.52) price objective on shares of Aberdeen Asset Management plc in a research note on Thursday, September 15th. Beaufort Securities restated a buy rating on shares of Aberdeen Asset Management plc in a research note on Tuesday, September 13th. JPMorgan Chase & Co. lifted their price objective on shares of Aberdeen Asset Management plc from GBX 270 ($3.52) to GBX 320 ($4.18) and gave the company a neutral rating in a research note on Tuesday, September 13th. Finally, Numis Securities Ltd restated a hold rating and set a GBX 300 ($3.92) price objective on shares of Aberdeen Asset Management plc in a research note on Friday, September 2nd. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 276.23 ($3.61).

Analyst Recommendations for Aberdeen Asset Management plc (LON:ADN)

Shares of Aberdeen Asset Management plc (LON:ADN) opened at 342.50 on Friday. The firm’s 50 day moving average is GBX 327.33 and its 200 day moving average is GBX 296.45. The firm’s market capitalization is GBX 4.40 billion. Aberdeen Asset Management plc has a 1-year low of GBX 208.50 and a 1-year high of GBX 376.60.

In other Aberdeen Asset Management plc news, insider Julie Chakraverty purchased 3,042 shares of the business’s stock in a transaction dated Monday, September 26th. The stock was bought at an average cost of GBX 326 ($4.26) per share, for a total transaction of £9,916.92 ($12,944.68). Also, insider Gilbert,Martin J sold 1,631,343 shares of the company’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.24), for a total value of £5,301,864.75 ($6,920,590.98).

Aberdeen Asset Management plc Company Profile

Aberdeen Asset Management PLC is a United Kingdom-based global asset management company engaged in the active management of financial assets. It manages assets for both institutional and retail clients. The Company’s institutional clients include pension funds, corporates, sovereign wealth funds, government agencies and insurance companies.

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