Royal Bank Of Canada Reaffirms Outperform Rating for Standard Life Aberdeen PLC (SLA)
Standard Life Aberdeen PLC (LON:SLA)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a note issued to investors on Monday. They currently have a GBX 520 ($6.72) price objective on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 24.97% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the stock. J P Morgan Chase & Co began coverage on shares of Standard Life Aberdeen PLC in a research note on Thursday. They set an “overweight” rating and a GBX 540 ($6.97) target price on the stock. Citigroup Inc. raised shares of Standard Life Aberdeen PLC to a “buy” rating and upped their target price for the stock from GBX 370 ($4.78) to GBX 490 ($6.33) in a research note on Friday, August 25th. Barclays PLC raised shares of Standard Life Aberdeen PLC to an “overweight” rating and upped their target price for the stock from GBX 343 ($4.43) to GBX 510 ($6.59) in a research note on Tuesday, August 15th. Finally, Numis Securities Ltd reaffirmed an “add” rating and set a GBX 465 ($6.01) target price on shares of Standard Life Aberdeen PLC in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Standard Life Aberdeen PLC presently has an average rating of “Buy” and a consensus target price of GBX 505 ($6.52).
Standard Life Aberdeen PLC (LON SLA) opened at 421.40 on Monday. The stock’s 50 day moving average is GBX 431.51 and its 200-day moving average is GBX 393.21. The company’s market capitalization is GBX 12.55 billion. Standard Life Aberdeen PLC has a 1-year low of GBX 322.76 and a 1-year high of GBX 447.60.
TRADEMARK VIOLATION NOTICE: “Royal Bank Of Canada Reaffirms Outperform Rating for Standard Life Aberdeen PLC (SLA)” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/09/11/royal-bank-of-canada-reaffirms-outperform-rating-for-standard-life-aberdeen-plc-sla.html.
About Standard Life Aberdeen PLC
Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
Receive News & Stock Ratings for Standard Life Aberdeen PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Life Aberdeen PLC and related stocks with our FREE daily email newsletter.