Aberdeen Asset Management plc Receives “Outperform” Rating from RBC Capital (ADN)
Aberdeen Asset Management plc (LON:ADN)‘s stock had its “outperform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Thursday, AnalystRatings.Net reports.
A number of other firms have also recently commented on ADN. Analysts at Societe Generale reiterated a “buy” rating on shares of Aberdeen Asset Management plc in a research note to investors on Thursday. They now have a GBX 465 ($7.66) price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Aberdeen Asset Management plc from GBX 586 ($9.66) to GBX 540 ($8.90) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Aberdeen Asset Management plc in a research note to investors on Thursday. They now have a GBX 573 ($9.44) price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 554.78 ($9.14).
Shares of Aberdeen Asset Management plc (LON:ADN) opened at 448.90 on Thursday. Aberdeen Asset Management plc has a one year low of GBX 342.60 and a one year high of GBX 500.00. The stock’s 50-day moving average is GBX 473.2 and its 200-day moving average is GBX 418.8. The company’s market cap is £5.155 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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