Numis Securities Ltd restated their hold rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research note released on Tuesday morning. Numis Securities Ltd currently has a GBX 265 ($3.29) price target on the stock, down from their prior price target of GBX 285 ($3.54).

Other analysts have also recently issued reports about the stock. Beaufort Securities reiterated a buy rating on shares of Aberdeen Asset Management plc in a research note on Tuesday, September 13th. Peel Hunt reiterated a hold rating and issued a GBX 330 ($4.09) target price on shares of Aberdeen Asset Management plc in a research note on Monday. Liberum Capital boosted their price objective on shares of Aberdeen Asset Management plc from GBX 243 ($3.01) to GBX 323 ($4.01) and gave the stock a hold rating in a research note on Friday, October 7th. JPMorgan Chase & Co. boosted their price objective on shares of Aberdeen Asset Management plc from GBX 270 ($3.35) to GBX 320 ($3.97) and gave the stock a neutral rating in a research note on Tuesday, September 13th. Finally, Citigroup Inc. restated a sell rating on shares of Aberdeen Asset Management plc in a research note on Friday, September 30th. Eight research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 280.73 ($3.48).

Aberdeen Asset Management plc (LON:ADN) opened at 267.50 on Tuesday. The company’s market capitalization is GBX 3.44 billion. Aberdeen Asset Management plc has a 52-week low of GBX 208.50 and a 52-week high of GBX 354.40. The stock has a 50 day moving average of GBX 309.25 and a 200-day moving average of GBX 305.75.

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The company also recently announced a dividend, which will be paid on Thursday, February 9th. Stockholders of record on Thursday, December 8th will be issued a GBX 12 ($0.15) dividend. This is a positive change from Aberdeen Asset Management plc’s previous dividend of $7.50. The ex-dividend date of this dividend is Thursday, December 8th. This represents a dividend yield of 4.37%.

In other news, insider Gilbert,Martin J sold 1,631,343 shares of the company’s stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of GBX 325 ($4.03), for a total value of £5,301,864.75 ($6,577,179.94). Also, insider Julie Chakraverty bought 3,042 shares of the stock in a transaction dated Monday, September 26th. The stock was purchased at an average cost of GBX 326 ($4.04) per share, for a total transaction of £9,916.92 ($12,302.34).

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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