Aberdeen Asset Management plc (LON:ADN)‘s stock had its “underperform” rating restated by equities research analysts at BNP Paribas in a note issued to investors on Monday. They presently have a GBX 260 ($3.25) target price on the stock. BNP Paribas’ target price indicates a potential downside of 9.09% from the company’s previous close.

ADN has been the topic of several other reports. Peel Hunt downgraded Aberdeen Asset Management plc to a “hold” rating and set a GBX 330 ($4.12) target price on the stock. in a research report on Monday, July 25th. Shore Capital reissued a “sell” rating on shares of Aberdeen Asset Management plc in a research report on Monday, July 25th. Beaufort Securities reissued a “buy” rating on shares of Aberdeen Asset Management plc in a research report on Tuesday, September 13th. Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 300 ($3.75) target price (down from GBX 340 ($4.25)) on shares of Aberdeen Asset Management plc in a research report on Tuesday, September 27th. Finally, Citigroup Inc. reissued a “sell” rating on shares of Aberdeen Asset Management plc in a research report on Friday, September 30th. Eight analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 284.36 ($3.55).

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

Shares of Aberdeen Asset Management plc (LON:ADN) opened at 285.20 on Monday. The firm’s 50-day moving average price is GBX 318.53 and its 200-day moving average price is GBX 304.55. The company’s market capitalization is GBX 3.66 billion. Aberdeen Asset Management plc has a 12-month low of GBX 208.50 and a 12-month high of GBX 354.40.

In related news, insider Julie Chakraverty purchased 3,042 shares of Aberdeen Asset Management plc stock in a transaction that occurred on Monday, September 26th. The stock was purchased at an average price of GBX 326 ($4.07) per share, for a total transaction of £9,916.92 ($12,389.96). Also, insider Gilbert,Martin J sold 1,631,343 shares of the company’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of GBX 325 ($4.06), for a total transaction of £5,301,864.75 ($6,624,018.93).

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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