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Analysts at Espirito Santo Investment Bank Research lowered their price objective on shares of Aberdeen Asset Management plc (LON:ADN) from GBX 573 ($9.44) to GBX 514 ($8.47) in a research report issued to clients and investors on Monday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. Espirito Santo Investment Bank Research’s price objective suggests a potential upside of 31.36% from the company’s current price.

ADN has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Aberdeen Asset Management plc in a research note to investors on Friday. They now have a GBX 550 ($9.06) price target on the stock. Separately, analysts at Morgan Stanley downgraded shares of Aberdeen Asset Management plc to an “underweight” rating in a research note to investors on Friday. They now have a GBX 393 ($6.48) price target on the stock, down previously from GBX 492 ($8.11). Finally, analysts at Credit Suisse cut their price target on shares of Aberdeen Asset Management plc from GBX 515 ($8.49) to GBX 470 ($7.74) in a research note to investors on Monday, January 20th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the company. Aberdeen Asset Management plc presently has a consensus rating of “Buy” and a consensus price target of GBX 545.56 ($8.99).

Aberdeen Asset Management plc (LON:ADN) traded down 1.51% during mid-day trading on Monday, hitting GBX 391.30. 5,200,371 shares of the company’s stock traded hands. 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 460.6 and its 200-day moving average is GBX 420.8. The company’s market cap is £4.494 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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