Standard Life Aberdeen (LON:SLA) Price Target Raised to GBX 310
Standard Life Aberdeen (LON:SLA) had its target price increased by Barclays from GBX 300 ($3.95) to GBX 310 ($4.08) in a research note published on Monday, Digital Look reports. The brokerage currently has an equal weight rating on the stock.
A number of other equities research analysts have also recently commented on SLA. Deutsche Bank increased their price objective on shares of Standard Life Aberdeen from GBX 265 ($3.49) to GBX 320 ($4.21) and gave the company a hold rating in a research note on Monday, January 6th. Berenberg Bank reissued a hold rating and issued a GBX 343 ($4.51) price objective on shares of Standard Life Aberdeen in a research note on Tuesday, January 7th. UBS Group reissued a buy rating and issued a GBX 340 ($4.47) price objective (up from GBX 330 ($4.34)) on shares of Standard Life Aberdeen in a research note on Tuesday, November 26th. Bank of America cut shares of Standard Life Aberdeen to a neutral rating in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut shares of Standard Life Aberdeen to a neutral rating and set a GBX 350 ($4.60) price objective on the stock. in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 321.36 ($4.23).
Shares of LON SLA opened at GBX 309 ($4.06) on Monday. The stock has a market cap of $7.23 billion and a price-to-earnings ratio of 6.66. Standard Life Aberdeen has a 52 week low of GBX 231.05 ($3.04) and a 52 week high of GBX 338.25 ($4.45). The company’s 50-day moving average price is GBX 320.60 and its 200 day moving average price is GBX 293.01. The company has a current ratio of 2.75, a quick ratio of 1.86 and a debt-to-equity ratio of 15.89.
Standard Life Aberdeen Company Profile
Standard Life Aberdeen plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
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