Aberdeen Asset Management plc Stock Rating Reaffirmed by Canaccord Genuity (ADN)
Aberdeen Asset Management plc (LON:ADN)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity in a research report issued to clients and investors on Monday, AR Network reports. They currently have a GBX 440 ($7.05) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 13.61% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research note to investors on Monday. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research note to investors on Monday. They now have a GBX 480 ($7.69) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research note to investors on Monday, September 16th. They now have a GBX 495 ($7.93) price target on the stock.
One analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of GBX 481.16 ($7.71).
Aberdeen Asset Management plc (LON:ADN) opened at 395.35 on Monday. Aberdeen Asset Management plc has a 1-year low of GBX 304.60 and a 1-year high of GBX 492.20. The stock has a 50-day moving average of GBX 373.8 and a 200-day moving average of GBX 410.2. The company’s market cap is £4.496 billion.
Aberdeen Asset Management PLC is an international asset management company investing across the four main asset classes of equity, fixed income, property and alternative investment strategies.
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