Standard Life Aberdeen (SLA) Price Target Increased to GBX 460 by Analysts at Berenberg Bank
Standard Life Aberdeen (LON:SLA) had its price objective increased by Berenberg Bank from GBX 440 ($5.97) to GBX 460 ($6.24) in a research report released on Friday morning. They currently have a hold rating on the stock.
SLA has been the topic of a number of other reports. Barclays restated an overweight rating and set a GBX 510 ($6.92) price objective on shares of Standard Life Aberdeen in a research note on Monday, September 25th. Citigroup restated a buy rating and set a GBX 490 ($6.64) price objective on shares of Standard Life Aberdeen in a research note on Thursday, October 12th. Royal Bank of Canada reiterated an outperform rating and issued a GBX 520 ($7.05) price target on shares of Standard Life Aberdeen in a research report on Tuesday, October 3rd. JPMorgan Chase & Co. reiterated an overweight rating on shares of Standard Life Aberdeen in a research report on Thursday, November 16th. Finally, reiterated a buy rating on shares of Standard Life Aberdeen in a research report on Thursday, November 9th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 493.33 ($6.69).
Shares of Standard Life Aberdeen (LON:SLA) traded down GBX 3.90 ($0.05) during midday trading on Friday, hitting GBX 437.20 ($5.93). 3,180,000 shares of the company were exchanged, compared to its average volume of 4,730,000. Standard Life Aberdeen has a fifty-two week low of GBX 336.50 ($4.56) and a fifty-two week high of GBX 448.60 ($6.08). The company has a market capitalization of $13,020.00 and a PE ratio of 1,987.27.
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Standard Life Aberdeen plc, formerly Standard Life plc, is a United Kingdom-based global investment company. The Company operates through four segments, which include Aberdeen Standard Investments, Pensions and Savings, India and China, and Other. The Aberdeen Standard Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.
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