Aberdeen Asset Management plc (ADN) to Release Quarterly Earnings on Monday
Aberdeen Asset Management plc (LON:ADN) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, November 28th.
Shares of Aberdeen Asset Management plc (LON:ADN) traded down 0.80% on Friday, hitting GBX 286.10. The stock had a trading volume of 1,990,849 shares. The company has a 50 day moving average of GBX 313.48 and a 200-day moving average of GBX 305.25. Aberdeen Asset Management plc has a 12-month low of GBX 208.50 and a 12-month high of GBX 354.40. The firm’s market capitalization is GBX 3.68 billion.
Several research analysts have weighed in on ADN shares. Macquarie cut shares of Aberdeen Asset Management plc to an “underperform” rating and set a GBX 250 ($3.12) price target on the stock. in a report on Monday, October 17th. Jefferies Group cut shares of Aberdeen Asset Management plc to an “underweight” rating and increased their price target for the company from GBX 240 ($3.00) to GBX 254 ($3.17) in a report on Thursday, October 20th. Royal Bank Of Canada cut shares of Aberdeen Asset Management plc to an “underperform” rating and increased their price target for the company from GBX 305 ($3.81) to GBX 320 ($4.00) in a report on Thursday, October 6th. Citigroup Inc. reissued a “sell” rating on shares of Aberdeen Asset Management plc in a report on Friday, September 30th. Finally, Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 300 ($3.75) price target (down from GBX 340 ($4.25)) on shares of Aberdeen Asset Management plc in a report on Tuesday, September 27th. Eight investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Aberdeen Asset Management plc presently has a consensus rating of “Hold” and an average target price of GBX 283.29 ($3.54).
In related news, insider Julie Chakraverty bought 3,042 shares of the business’s stock in a transaction on Monday, September 26th. The shares were 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 firm’s stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of GBX 325 ($4.06), for a total transaction of £5,301,864.75 ($6,624,018.93).
About Aberdeen Asset Management plc
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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