Aberdeen Asset Management plc’s Buy Rating Reaffirmed at Numis Securities Ltd (ADN)
Aberdeen Asset Management plc (LON:ADN)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities Ltd in a report released on Monday, AR Network reports. They currently have a GBX 480 ($7.69) price objective on the stock. Numis Securities Ltd’s target price indicates a potential upside of 23.93% from the stock’s previous close.
Shares of Aberdeen Asset Management plc (LON:ADN) opened at 395.50 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 £4.497 billion.
ADN has been the subject of a number of other recent research reports. 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. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Aberdeen Asset Management plc (LON:ADN) in a research note to investors on Tuesday, August 27th. They now have a GBX 440 ($7.05) price target on the stock.
One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 481.16 ($7.71).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.